Bullish or bearish ? Breakout , new sing

Hello Traders,

As seen , RUNE is overall bullish buy setups around short term frame

On H4 we have a descending channel we need to have a new swing to validate it , if buyers managed to push the price above 9.2$-10$ will have a breakout then maybe a bounce, if failed to cross our non-horizontal resistance will go back to the last support 8.3$ ( EMA200 Acting as dynamic support will try to push the price upper )

Entry positions above key level resistance 10$ if breakout happen , make sure to put your stop loss below this level!

Overall we are still trending lower , bearish market , awaiting for a new swing and momentum candle to close above our gray zone.

Enjoy, Good luck traders!