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MyCryptoParadise_Simon
Mar 23, 2024 1:35 PM

RUNE/USDT bullish reversal from support?๐Ÿ‘€๐Ÿš€RUNE Today analysisย Long

RUNEUSDTPERP PERPETUAL MIX CONTRACTBitget

Description

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๐Ÿ’ŽParadisers, take note as #RUNEUSDT demonstrates a significant uptick in momentum from its support level, positioning it for a potential breach of the $11.508 resistance barrier if the current trend persists.

๐Ÿ’Ž Historically, #RUNE has experienced a bearish pattern, with a tendency to form lower highs and lows. However, a recent uplift from the $7.264 support level is generating optimism for a bullish reversal, particularly as it continues to leverage this support to possibly navigate beyond the mentioned resistance.

๐Ÿ’Ž In the event that #RUNE faces challenges in sustaining its drive at the $7.264 support, we are on the lookout for a bullish resurgence from an alternative support level at $6.433. Should it fall beneath this critical juncture, a further decline could be in the cards. It's essential we remain vigilant and ready to adjust our trading approaches in response to the market's movement.
Comments
FirstNameHelen
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Hello! This idea looks perfect, keep it up! โค
WalterMoon
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Hmm... Possible, price can continue to rise to resistance level ๐Ÿค”
AhsanSAbir
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But we have to keep an eye on marketmakers. I am smelling a short term dump or rang bound. Before uptrend continuation.
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