đ $RUNE 3x volume on a 3.2% spike reads like conviction building, not noise
my bias is bullish here on the 1h, aligned with daily structure, but this spike is a counter-trend move versus weekly structure and a bearish BTC I do not chase the 3.85x volume candle at 0.511; I treat it as displacement that still needs a proper pullback and a hold, not as a free pass to long the highs
I expect price to tag the 0.501â0.498 area first (liquidity just under the 0.506 swing high that just got taken), then if that zone holds I look for a push toward 0.538; a deeper but still valid retrace would be 0.481 before continuation
- entry zone: 0.501â0.498, or 0.481 if the first pocket fails to hold â wait BEFORE entering for a 1h bullish close back above 0.506, a pin/engulfing off those pockets, or a lower-timeframe market structure shift after a sweep of 0.498
- take-profits in order: 0.511 reclaim, then 0.538
- place protection beyond the structure flip / last swing low, not inside the demand pockets
- invalidation: a 1h close below 0.463 flips my bias to bearish â until then I still favor longs on confirmed dips, not market-buying this pump
my bias is bullish here on the 1h, aligned with daily structure, but this spike is a counter-trend move versus weekly structure and a bearish BTC I do not chase the 3.85x volume candle at 0.511; I treat it as displacement that still needs a proper pullback and a hold, not as a free pass to long the highs
I expect price to tag the 0.501â0.498 area first (liquidity just under the 0.506 swing high that just got taken), then if that zone holds I look for a push toward 0.538; a deeper but still valid retrace would be 0.481 before continuation
- entry zone: 0.501â0.498, or 0.481 if the first pocket fails to hold â wait BEFORE entering for a 1h bullish close back above 0.506, a pin/engulfing off those pockets, or a lower-timeframe market structure shift after a sweep of 0.498
- take-profits in order: 0.511 reclaim, then 0.538
- place protection beyond the structure flip / last swing low, not inside the demand pockets
- invalidation: a 1h close below 0.463 flips my bias to bearish â until then I still favor longs on confirmed dips, not market-buying this pump