$RUJI has shown impressive momentum on the 4-hour chart today, maintaining its position solidly above the Volume Profile's VAL/POC level—a critical marker that has experienced significant shifts following an extended 50-day consolidation phase.
From a technical standpoint, the price action suggests strength in the structure. The key focus now centers on the green support zone below, where we're looking for confirmation of a Higher Low pattern forming. This would reinforce the constructive bias and signal sustained buying interest at these levels.
The volume profile dynamics are worth monitoring closely as they often reveal where institutional and retail traders have established their positions. If the price holds this support zone and continues to respect the upside structure, it could set up an interesting next leg higher.
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MoonlightGamer
· 01-08 16:04
Can this wave really go up? It feels like it's just on paper strength.
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gas_guzzler
· 01-07 02:48
Hmm, after 50 days of consolidation, this breakout is still somewhat interesting. It would be awkward if the green support level can't hold.
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BearMarketSunriser
· 01-05 23:39
If the green line can't hold, it's just a trap, waiting for someone to take over.
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ForumMiningMaster
· 01-05 23:38
After 50 days of consolidation, is it finally going to break? Whether the green support level can hold steady is the key.
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DegenWhisperer
· 01-05 23:25
Damn RUJI, with this trend, if the green zone doesn't break, it's really about to take off.
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SmartContractPlumber
· 01-05 23:13
Is VAL/POC holding steady above? To put it nicely, I'm afraid it's just the final surge before institutions unload. I've seen too many such tricks.
$RUJI has shown impressive momentum on the 4-hour chart today, maintaining its position solidly above the Volume Profile's VAL/POC level—a critical marker that has experienced significant shifts following an extended 50-day consolidation phase.
From a technical standpoint, the price action suggests strength in the structure. The key focus now centers on the green support zone below, where we're looking for confirmation of a Higher Low pattern forming. This would reinforce the constructive bias and signal sustained buying interest at these levels.
The volume profile dynamics are worth monitoring closely as they often reveal where institutional and retail traders have established their positions. If the price holds this support zone and continues to respect the upside structure, it could set up an interesting next leg higher.