đ RUNE/FUSD Technical Analysis: Key Levels and Entry Strategy đ
1. Support Levels:
Current Price: $3.404
Previous Support: $3.210
Analysis: The recent bounce from the support level at $3.210 suggests bullish momentum. Traders can consider this as a strong support zone.
2. Resistance Levels:
Immediate Resistance: $3.418
Analysis: Breaking above $3.418 could signal further upside. Watch for sustained price action above this level.
3. Entry Strategy:
Buy Entry: Consider entering long positions if the price breaks and holds above $3.418.
Stop Loss: Set a stop loss just below the support level at $3.210.
Target: Aim for the next resistance level or higher.
4. Market Sentiment:
The recent price surge indicates positive sentiment.
Keep an eye on overall market trends and news for confirmation.
:Remember, always conduct your own research and risk management. Happy trading! đđ°
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