Trading Opportunity: Coin$RUNE on Binance 🚀

Analysis for Coin$RUNE (THORChain)

$RUNE is witnessing strong momentum with trading at $1.27 and a daily trading volume exceeding $91 million. The project recently announced the burning of 60 million RUNE (worth $300 million) to enhance lending activity, creating space to accommodate more collateral coins.

Entry and Exit Points:

Entry: At support level $1.23-$1.25

First Target: $1.30 (+4%)

Second Target: $1.37 (+10%)

Ambitious Target: $1.40 (+12%)

Stop Loss: $1.20 (-4%)

Core Incentive:

THORChain's Cross-Chain technology allows for the exchange between different currencies without intermediaries, enhancing the value of RUNE with an increase in the assets deposited in the network. The recent coin burn indicates an improvement in the project's position after previous challenges.

Always remember: This is for day trading only. Use strict risk management and track entry and exit levels accurately. #Rune #بينانس