RUNE: local squeeze with $0.45 destination

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The Macro Picture 🗺️

RUNE topped out at $0.63 in May before a sharp structural reset dragged it all the way to the $0.30 June floor. Since that flush, the market has settled into a broad $0.30–0.45 range — a volatility playground where every dip toward the lows gets bought and every rally into the highs gets faded. Price now sits right at the equilibrium line near $0.40, with RSI holding flat around 50. This is the balanced middle of the range, and with the floor firmly established, the path of least resistance leans back toward the upper boundary.

The Setup ⚙️

The Buy Area: The $0.35–0.40 band has absorbed every pullback since the June low. Bulls are defending this shelf, and as marked on the chart, price is holding the equilibrium with momentum steady.

The Ceiling: The $0.45 decision line caps the range. A clean reclaim flips the local structure bullish and opens the path toward the $0.50 macro resistance above.

The Range Play: The zone between $0.35 and $0.45 creates a structural playground for grid-based accumulation — staggered entries across the range capture the chop while the market decides its next macro leg.

The Roadmap: Primary target sits at $0.45 — the green roadmap points there as price works up from the equilibrium toward the range top. Invalidation: a clean daily close below $0.30 would invalidate this bullish thesis and signal a structural breakdown out of the range.

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