$RUNE
This chart is for RUNE/USDT Perpetual (1H, Binance). The price was previously trading in a range where strong resistance is clearly marked above and support below. In the recent move, the price rejected from the resistance and came down to test the key support zone.
The shaded area below represents the FVG (Fair Value Gap) — this is usually a strong demand zone from where the price reacts. Now the price is stabilizing within this FVG and support area, signaling active buyers.
It is shown with a green arrow on the chart that if this support holds, the price can make a strong bullish reversal from here. In the expected move, there is a chance to retest the upper level of the previous range, and after that, continuation towards higher highs is possible.
Overall bias:
Support + FVG confluence
Selling pressure appears to be weak
A strong setup for bullish reversal / upside expansion is forming
This chart shows an accumulation and potential breakout scenario for buyers.
If you want, I can also convert this into a short caption, Binance Square post, or English description.