$RUNE

The chart shows the $RUNE/USDT pair on the 1-hour timeframe with notable bearish momentum:

Observations:

1. Price Action: The price has been in a downtrend, reaching a low of $3.847 and currently trading at $3.944.

2. EMA Resistance: The EMA8 ($3.982) and EMA30 ($4.154) are trending downwards, indicating strong resistance above.

3. MACD: The MACD remains bearish, with the MACD line significantly below the signal line, showing no signs of immediate reversal.

4. Volume: Volume appears low, which may limit volatility for now.

5. RSI: RSI is at 24.91, entering oversold territory, suggesting a potential for a short-term bounce.

Prediction:

• Bullish Case: If the price can reclaim $4.00 and break above EMA8 ($3.982) with volume, a short-term recovery towards $4.15 or $4.60 is possible.

• Bearish Case: Continuation of the downtrend may push the price below $3.84, targeting the next support at $3.60.

Strategy:

• For longs, wait for a break and retest above $4.00 with increased volume. A stop-loss below $3.82 can manage downside risk.

• For shorts, consider entries near $4.15 with a tight stop if the price fails to reclaim this level.