RNDRUSDT at 4h resistance and getting pushed down

٤ يونيو ٢٠٢٣

So the resistance is doing its job. Though wanted to take a short trade from that resistance zone but could not as was not on screen. Anyways, now next logical support if this push back continues is the 2.63-2.64 zone as marked on the chart.

Just noticed that 2.68 zone can also act as a support and have marked that also on the chart. Not sure if that is good enough but expect some bounce there.

٤ يونيو ٢٠٢٣

ملاحظة

Just noticed that 2.68 zone can also act as a support and have marked that also on the chart. Not sure if that is good enough but expect some bounce there.

٤ يونيو ٢٠٢٣

ملاحظة

The price is bouncing from 4h support 1 level but this bounce could be small. However, it is likely that the price visits the 4h support 2 zone and therefore I will wait for the price to retrace to 4h support 2 area to go long. I will post the setup in case the price reaches to my entry and I take a long.