đ THORChain ($RUNE ) Bullish Momentum Building! Ready for the Next Move! đŻ
đč Current Price: $1.378 (+11.66%)
đč Trend: Strong bullish momentum with potential for further gains.
đ Entry Points:
â Buy Zone: $1.30 â $1.40
â Breakout Entry: Above $1.45 (confirmed with strong volume)
đč Key Support & Resistance Levels:
đĄ Support Levels: $1.30, $1.20
đ Resistance Levels: $1.45, $1.60
đŻ Profit Targets (TP):
â TP1: $1.50
â TP2: $1.60
â TP3: $1.75+
đ» Stop Loss Strategy:
đ Conservative SL: $1.30
đ Aggressive SL: $1.20
đ Market Insights & Technical Analysis:
đ Current Trend: Despite recent price gains, TradingViewâs daily & monthly indicators show a âsellâ signal, suggesting mixed sentiment.
đ Volume Trends: Monitoring trading volume is crucial to validate a strong move. A breakout above $1.45 with high volume can confirm the next bullish leg.
đ„ Pro Trading Tip:
đč Wait for a confirmed breakout above $1.45 with strong volume before entering.
đč Secure profits at TP1 & TP2, while keeping a portion of your holdings for TP3 in case of an extended rally.
đš Not financial advice. Do Your Own Research (DYOR)! đ
#RUNE #THORChain #BNBChainMeme #BinanceAlphaAlert #BTCNextATH? #CryptoTrading