RUNE/USDT: Strong Rebound to $2.56, Eyeing Next Target at $2.84
Analysis:
Price movement:
Current price: $2.563 (+11.39%)
24-hour low: $1.968
24-hour high: $2.589
Support and resistance levels:
Immediate support: $2.18
Resistance zone: $2.84 (target)
Key breakout point beyond resistance: $3.17
Moving averages:
MA(7): $2.32, acting as support and reflecting short-term bullish momentum
MA(25): $2.18, already breached, confirming a trend reversal
Volume and momentum:
Strong volume (24H: 98M), indicating solid buying interest
Bullish momentum evident with consistent higher lows and higher highs in the hourly chart
Prediction:
RUNE has entered a short-term recovery phase, with the immediate target at $2.84. If the buying momentum persists, a breakout above $2.84 could push the price toward $3.17. However, failure to hold above $2.18 may lead to retesting support at $1.92.
Follow for more updates and analysis. buy these and enjoy. dyor.
#BinanceAlphaAlert #BTCStateReserves #ETHProspects #TRUMPTokenWatch #Write2Earn
