RUNE Spot or Long ( I’m entering this Spot, since I have other Long positions opened)

• Entry: 6.722

• DCA: 6.025, 5.455

• Stop Loss: 1D Close Below 5.056

Take Profit Targets:

1. 7.581

2. 9.983

3. 11.509

4. 13.468

Risk Management:

• Use 3% of portfolio split equally across entries.

• Leverage: 1x-3x max.

• Move SL to Break Even after hitting 7.581.

• Set reminders for DCA entries and all Take Profit targets, especially 7.581, to move SL to break even.

Justification:

1. Trend Confirmation:

• Price trending above 5 MA and 10 MA on 1H, 4H, and 1D charts, confirming bullish continuation.

2. Bollinger Bands:

• 1H: Price bounced from the lower band; heading toward the upper range.

• 4H: Breakout above the mid-band suggests a move to the upper resistance.

• 1D: Holding near the upper band, showing strong momentum.

3. RSI and MACD:

• RSI: 1H (60+), 4H (71), 1D (65) – bullish momentum without overbought conditions.

• MACD: Bullish crossovers across all timeframes with growing histogram, confirming upward strength.

4. Volume Price Analysis (VPA):

• 4H Chart: Volume spike supports breakout, showing strong buyer interest.

• 1D Chart: Increasing bullish candle volume reflects institutional accumulation.

5. Support and Stop Loss:

• SL at 5.056 sits below a key swing low, protecting against deeper reversals.

Confidence: High

Happy Trading

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$RUNE