RUNE support found. Potential huge returns
After a good run up of nearly 300%, RUNE has retraced back down to $7.20 along the 200 EMA . It has found support in this level 3 times forming a triple bottom, with multiple strong bounces back with wide range green candles on good volume .
Longing here is a riskier play with slightly higher returns, however it is probably smarter to wait for the breakout of the red trendline as shown. If it does breakout I wouldnt be surprised to see it go to $33 or maybe higher.
TP 1: $16.85
TP 2: $21.10
TP 3. $33.57
