$RUNE /USDT – Long Trade Single
Current Price: $1.272
Support Level: $1.19
Resistance Level: $1.38
Trade Targets:
• TP1: $1.34
• TP2: $1.47
• TP3: $1.62
Stop Loss: $1.15
$RUNE is consolidating above the $1.19 support level after a healthy retracement, setting the stage for a potential bounce. With increased interest in cross-chain DeFi solutions, THORChain’s native token could regain bullish momentum. A break above the $1.38 resistance could trigger upside continuation toward $1.62. Short-term traders may target $1.34 and $1.47 for partial exits. The $1.15 stop loss protects against invalidation of the setup. Market sentiment around BTC and ETH will influence $RUNE’s trajectory, but current structure favors bulls. As network utility strengthens, RUNE remains a strong contender in the interoperable liquidity space.