🚀 LONG Signal
Just opened a small position on $RION after watching this steady uptrend. Here's my analysis:
The Setup:
Price has been consistently trading above all major moving averages, currently sitting at 0.25549. MA7 just crossed above MA25, and on-chain metrics look solid usually a sign of healthy accumulation.
Why I'm bullish:
· Trading above all major MAs (MA7, MA25, MA99)
· MA7 at 0.25459 acting as strong support
· Market cap at $6.47M with room to grow
· Higher lows forming on 1h chart
· Chain liquidity healthy at $913K
My plan:
🎯 Targets:
0.25670
0.25850
0.26000 (next resistance zone)
🛑 Stop Loss: 0.25289
Anyone else watching this gem?
Drop your charts and thoughts below 👇
#RION #Crypto #Trading #CryptoAnalysis $RION
RION
Alpha
0.26236
+3.17%