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

26 เม.ย.

💎 Paradisers, the recent market dynamics surrounding #RUNE have indeed been noteworthy.

💎 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.

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

💎 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.

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

💎 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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