๐ LONG
$RUNE ๐ฐ Entry: 0.50700
๐ก Stop-loss: 0.48650 (โ4.0%)
๐ฏ Take-profit: 0.54370 โ 0.55910
๐ A 52% lower wick just spiked through EMA20 and snapped back โ sellers threw their best shot and buyers held the line on RUNE.
โข Price tags EMA20 almost exactly, pullback depth near zero before the reversal prints
โข Rejection candle carries a 1.4x ATR range with a dominant lower wick โ real defense, not drift
โข Takers leaning 15% to the bid side right now, OBI positive as dips get absorbed
โข EMA stack spread at 3.6% keeps trend structure intact with room before overheating
โข 4H, daily and Elliott counts all agree on direction, with favorable R:R versus a tight swing stop
โญ Score 69.8/100 โ
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Bulls defended EMA20 with conviction โ want a candle close holding above it to scale in, stop under the fresh swing low.
๐ฌ Long
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๐ Follow for hourly setups.