1️⃣ Rebound in Progress: After dipping to $1.92, RUNE has shown a strong recovery, surging past $2.50 with increasing buy volume.
2️⃣ Immediate Resistance: $2.60 – A breakout here could trigger a rally toward $2.80+. Support Zone: $2.40 – Holding above this level confirms bullish momentum.
3️⃣ Volume Surge: High trading volumes indicate strong interest in the current uptrend, signaling confidence in the recovery.
Trade Setup:
For Long Positions:
Entry Zone: $2.50-$2.55
Target 1: $2.75
Target 2: $3.00
Stop-Loss: Below $2.35
For Short Positions:
Watch for rejection near $2.60-$2.65.
Target: $2.40
Pro Tip:
Momentum indicators are favoring bulls, but keep an eye on $2.60 for confirmation of a breakout. If broken, $3.00 could come into play quickly.
