RNDRUSDT on 4h support and likely to head to 2.16

The price has hit the previous low which is also 4h support zone. I expect the price to bounce here as the long side trade is favorable. The target for this trade shall be at least 2.16 and probably 2.18.

Commentaire:

So this one seemed pretty strong all along once it started trading around 4h support zone. It did briefly go under the stop zone and stopped the trade but entered again on retest of the low. Now it has touched the target zone of 2.16 and still looking pretty strong. There should be some retrace at this level but looks good for a new long setup later.