MyCryptoParadise

RUNE/USDT Possible to back test before continue upward movement!

BINANCE:RUNEUSDT   RUNE / TetherUS
πŸ’Ž Paradisers, the recent market dynamics surrounding #RUNE have indeed been noteworthy.

πŸ’Ž It appears that the price is set to revisit the demand area within the $4.98 - $4.3 range to gather significant momentum for a bounce, subsequently fueling upward movement.

πŸ’Ž This momentum is crucial for testing the resistance area and breaking through for further advancement towards our target zone.

πŸ’Ž However, should RUNE fail to bounce from the demand area or even break below it, the price may retreat to the OB area to accumulate orders before staging a robust bounce.

πŸ’Ž The OB area still retains its freshness and possesses the potential to facilitate a strong upward movement once again.

πŸ’Ž Bullish Invalidation would occur if RUNE fails to bounce from the OB area and subsequently breaks below it. Such a scenario could lead to further downward movement and potentially prolong the bearish sentiment.

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