RUNE is currently in a prolonged downtrend, respecting the descending resistance lines since its peak. Price is now approaching a critical horizontal support zone:
🔴 Key Support: $0.75
🟠 Minor Support Zone: $1.00 – $1.10
🟢 Major Resistance Levels:
$2.50 (First trendline test)
$4.00 (Second trendline)
$6.00+
The price action is compressing near the lower boundary of the descending channel, while RSI is drifting toward oversold levels (RSI ~37.85). Historically, RUNE has seen relief rallies from this region.
⚠️ Scenarios to Watch:
Bullish:
Price holds above $0.75 and RSI enters oversold territory.
Break and close above $1.10 could trigger a relief rally toward $2.50.
Confirmation would come with increasing volume and break of descending trendline.
Bearish:
Breakdown below $0.75 support could open doors for further downside.
Possible targets below $0.75: psychological levels at $0.50 or lower, especially if volume increases on the breakdown.
📈 RSI Indicator:
RSI nearing oversold, currently ~37.85.
No confirmed bullish divergence yet, but worth watching closely for potential reversal signals.
🧩 Strategy Notes:
Conservative traders: Wait for reclaim of trendline and a close above $1.10–1.20 for safer entry.
Aggressive traders: Look for bullish RSI divergence or price action confirmation around $0.75 for a potential bounce play.
Risk management is crucial — set tight stop losses below critical levels.
🎯 Summary:
RUNE is at a make-or-break zone. $0.75 is a crucial historical support. A bounce from here could send the price towards the first resistance at $2.50, while a breakdown may lead to further bearish momentum. Watch RSI and volume for clues!
🔴 Key Support: $0.75
🟠 Minor Support Zone: $1.00 – $1.10
🟢 Major Resistance Levels:
$2.50 (First trendline test)
$4.00 (Second trendline)
$6.00+
The price action is compressing near the lower boundary of the descending channel, while RSI is drifting toward oversold levels (RSI ~37.85). Historically, RUNE has seen relief rallies from this region.
⚠️ Scenarios to Watch:
Bullish:
Price holds above $0.75 and RSI enters oversold territory.
Break and close above $1.10 could trigger a relief rally toward $2.50.
Confirmation would come with increasing volume and break of descending trendline.
Bearish:
Breakdown below $0.75 support could open doors for further downside.
Possible targets below $0.75: psychological levels at $0.50 or lower, especially if volume increases on the breakdown.
📈 RSI Indicator:
RSI nearing oversold, currently ~37.85.
No confirmed bullish divergence yet, but worth watching closely for potential reversal signals.
🧩 Strategy Notes:
Conservative traders: Wait for reclaim of trendline and a close above $1.10–1.20 for safer entry.
Aggressive traders: Look for bullish RSI divergence or price action confirmation around $0.75 for a potential bounce play.
Risk management is crucial — set tight stop losses below critical levels.
🎯 Summary:
RUNE is at a make-or-break zone. $0.75 is a crucial historical support. A bounce from here could send the price towards the first resistance at $2.50, while a breakdown may lead to further bearish momentum. Watch RSI and volume for clues!
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.