Evening Traders,
Today’s analysis – RARIUSDT – trading above its Daily S/R level where a deviation towards the swing high is probable,
Points to consider,
- Price Action Impulsive
- Daily S/R Support
- Swing High Objective
- Low Volume
RARIUSDT’s immediate price action is trading above a key level where support is probable, allowing for a bullish bias.
The swing high is the current objective, exceeding this level will increase the probability of a trend continuation.
The current volume is below average, an influx is highly imminent when testing key trade locations.
Overall, in my opinion, RARIUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps
Thank you for following my work!
And remember,
“Sheer will and determination is no substitute for something that actually works.” – Jason Klatt