$RUNE /USDT Trading Signal – Recovering from Key Support at $0.955

Thorchain (RUNE) is currently trading at $1.273, marking a 6.97% gain in the last 24 hours. After hitting a low of $0.955, RUNE has rebounded, showing signs of bullish momentum. The recovery suggests that the $0.955 level is acting as a strong support zone, and traders are now watching for confirmation of further upside or a potential pullback.

Long Entry:

Entry Zone: $1.20 - $1.28

Target 1: $1.40

Target 2: $1.50

Stop Loss: $1.10

Short Entry:

Entry Zone: $1.40 - $1.45 (if resistance holds)

Target 1: $1.20

Target 2: $1.00

Stop Loss: $1.50

Market Insight:

RUNE has shown resilience by bouncing from its $0.955 low and is now testing the $1.28 resistance zone. A sustained move above $1.30 could signal continued bullish momentum toward $1.50. However, if it faces rejection near $1.40, we may see a pullback to retest lower support levels around $1.20.

Pro Tip: Given the volatility, consider trailing your stop-loss to secure profits as RUNE approaches resistance levels.

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