RUM is currently testing the support level at $8.12 after a strong move upward. The price action suggests a potential rebound, with the next target set at $8.86. Key support at $7.87 provides a solid base for this setup.
Key Levels:
Support: $8.12 and $7.87
Resistance: $8.43
Target: $8.86
Traders should monitor for a breakout above $8.43 for confirmation of upward momentum. Stay cautious and manage risk effectively with the stop-loss level in mind.
Key Levels:
Support: $8.12 and $7.87
Resistance: $8.43
Target: $8.86
Traders should monitor for a breakout above $8.43 for confirmation of upward momentum. Stay cautious and manage risk effectively with the stop-loss level in mind.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.