Runeusdt Big Buy opportunity

RUNE has exhibited a bullish breakout from its prevailing downtrend resistance. This shift often indicates the potential commencement of a new upward trend or, at the very least, a temporary bullish phase.

Notably, we're anticipating a potential pullback towards the recently breached trendline. Historically, a retest of such a trendline after a breakout can provide a robust buying opportunity. If the price does revisit the trendline and respects it as a newfound support, it would pose an excellent buy opportunity. It's expected that the trendline will act as a strong defensive line against any bearish push.

The upside target for this potential long setup has been marked on the chart. As always, it's vital to ensure you have a clear exit strategy in place.

Ensuring proper risk management is critical. Keep a keen eye on the price action as it approaches the trendline. Should the price close beneath the trendline, it would likely invalidate our bullish outlook, suggesting the need for a strategy reassessment.

Trade active

Trade closed: target reached:

Immediate layer of the medium target achieved

Trade active:

Final target level shown with black

Trade closed: target reached