đ RUNE/USDT Analysis: Key Levels and Entry Strategy
(The recent bounce from the support zone resembles a classic bullish hammer candlestick pattern.)
1. Support and Resistance Levels:
Support (Buy Zone): The price has strong support around 3.0 to 3.3 USDT. Buyers tend to step in at these levels, preventing further decline.
Resistance (Sell Zone): Resistance lies near 4.0 USDT. If the price breaks above this level, it could signal a bullish move.
2. Current and Previous Values:
Current Price: Approximately 3.60 USDT.
24-Hour Change: Up by 9.12%.
Previous High: 4.13 USDT (24-hour high).
Previous Low: 3.95 USDT (24-hour low).
3. Entry Strategy:
Buy Entry: Consider entering long positions if the price holds above 3.3 USDT.
Stop-Loss: Set a stop-loss just below the support level (around 2.8 USDT).
Target: Aim for the resistance zone (4.0 USDT) or higher.
Remember, trading involves risks, and it's essential to manage your positions carefully. Always adapt your strategy based on market conditions. Happy trading! đđ„.#Runeustd #runecoin #RunesLaunch #Write2Earn!
