Market Context:
RUNE has been trading within a range for the past few weeks, and price has now retraced to the lower support level of this range. This presents a solid opportunity for a long entry targeting the next resistance levels.
Trade Details:
Entry Zone: $1.18
Take Profit Targets:
$1.30 - $1.35
$1.45 - $1.60
Stop Loss: Just below $1.10
This setup offers a strong risk-to-reward ratio, with potential for range-bound trading before a breakout. 🚀
RUNE has been trading within a range for the past few weeks, and price has now retraced to the lower support level of this range. This presents a solid opportunity for a long entry targeting the next resistance levels.
Trade Details:
Entry Zone: $1.18
Take Profit Targets:
$1.30 - $1.35
$1.45 - $1.60
Stop Loss: Just below $1.10
This setup offers a strong risk-to-reward ratio, with potential for range-bound trading before a breakout. 🚀
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
