๐Ÿš€ THORChain ($RUNE ) Bullish Momentum Building! Ready for the Next Move! ๐Ÿ’ฏ

๐Ÿ”น Current Price: $1.378 (+11.66%)

๐Ÿ”น Trend: Strong bullish momentum with potential for further gains.

๐Ÿ“Œ Entry Points:

โœ… Buy Zone: $1.30 โ€“ $1.40

โœ… Breakout Entry: Above $1.45 (confirmed with strong volume)

๐Ÿ”น Key Support & Resistance Levels:

๐Ÿ›ก Support Levels: $1.30, $1.20

๐Ÿš€ Resistance Levels: $1.45, $1.60

๐ŸŽฏ Profit Targets (TP):

โœ… TP1: $1.50

โœ… TP2: $1.60

โœ… TP3: $1.75+

๐Ÿ”ป Stop Loss Strategy:

๐Ÿ“‰ Conservative SL: $1.30

๐Ÿ“‰ Aggressive SL: $1.20

๐Ÿ“Š Market Insights & Technical Analysis:

๐Ÿ“‰ Current Trend: Despite recent price gains, TradingViewโ€™s daily & monthly indicators show a โ€˜sellโ€™ signal, suggesting mixed sentiment.

๐Ÿ“Š 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.

๐Ÿ”ฅ Pro Trading Tip:

๐Ÿ”น Wait for a confirmed breakout above $1.45 with strong volume before entering.

๐Ÿ”น Secure profits at TP1 & TP2, while keeping a portion of your holdings for TP3 in case of an extended rally.

๐Ÿšจ Not financial advice. Do Your Own Research (DYOR)! ๐Ÿš€

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