RUNE/USDT: Bearish Momentum Slows, $2.40 Recovery in Focus
Price Movement:
Current: $2.409 (+3.52%)
24-hour range: $1.968 - $2.34
Trend Indicators:
MA(7): $2.967 (resistance)
MA(25): $3.744 (strong resistance)
Downtrend continues, but buying interest emerged at $1.921.
Momentum:
MACD: Bearish, but weakening (-0.062 histogram)
RSI: Near oversold (30.002)
StochRSI: Oversold (23.312), suggesting a potential bounce
Volume Spike: Increased at $1.921, signaling buyer activity
Outlook:
Upside targets are $2.95 (MA7) and $3.74 (MA25).
Key support is $1.921.
Recovery is likely short-term unless resistance at $2.95 is breached.
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