Current Market Structure:
#RUNE has been in an accumulation phase after a prolonged bearish trend. The price is consolidating, forming a potential Wyckoff Accumulation pattern. No further bearish signs are present except for the previous break of a strong support level.
Key Levels to Watch:
🔹 Support: $0.788 (previous level)
🔹 Resistance: $2.5 (breakout zone)
🔹 Accumulation Range: $1.13 – $1.6
Trading Plan:
🔹 A confirmed breakout above the resistance level will signal the start of a bullish trend.
🔹 Ideal long entry on breakout with a retest confirmation.
🔹 Stop-loss below accumulation range to minimize risk.
🔹 Targeting $7 as the next resistance level.
What do you think?
Will #RUNE break out soon, or are we in for more sideways movement? Share your thoughts in the comments!
Like & Follow for more trade setups and insights!
#RUNE has been in an accumulation phase after a prolonged bearish trend. The price is consolidating, forming a potential Wyckoff Accumulation pattern. No further bearish signs are present except for the previous break of a strong support level.
Key Levels to Watch:
🔹 Support: $0.788 (previous level)
🔹 Resistance: $2.5 (breakout zone)
🔹 Accumulation Range: $1.13 – $1.6
Trading Plan:
🔹 A confirmed breakout above the resistance level will signal the start of a bullish trend.
🔹 Ideal long entry on breakout with a retest confirmation.
🔹 Stop-loss below accumulation range to minimize risk.
🔹 Targeting $7 as the next resistance level.
What do you think?
Will #RUNE break out soon, or are we in for more sideways movement? Share your thoughts in the comments!
Like & Follow for more trade setups and insights!
Nota
Trade is still valid. wait for the break of accumulation face. Trade ativo
Trade is active. 
Aviso legal
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.