Evening Traders,
Today’s analysis – RUNEUSDT – trading above its range low where an impulse it probable,
Points to consider,
- Price Action Impulse
- Range Low Support
- Dynamic S/R Resistance
- Low Volume
RUNEUSDT’s immidaite price action is impulsive, trading at the range low where a deviation to the highs is imminent, allowing for a long bias.
The Dynamic S/R has currentlt been breached, a retest of the lows is a valid entry.
Current volume profile is on a decline, an influx is highly probable upon acceleration.
Overall, in my opinion, RUNEUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps,
Thank you for following my work
And remember,
“A quiet mind is able to hear intuition over fear.”
― Yvan Byeajee