RUNE - rejection or continuation ?

#RUNE/USDT #Analysis
Description
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+ The price has reached the support zone and it's uncertain whether the support will hold or break.
+ If the support breaks, the next support level is around 3. If the support holds, I expect a strong reversal, providing us with a trading opportunity.
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VectorAlgo Trade Details
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Entry Price: 2.657 - 4.246
Stop Loss: 2.00
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Target 1: 5.305
Target 2: 7.354
Target 3: 10.998
Target 4: 16.216
Target 5: 21.139
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Timeframe: 1W (Long Term)
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
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Enhance, Trade, Grow
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Best Regards,
VectorAlgo

Commentaire:

Price is on the correction mode and heading in the right direction as per the analysis.