🚨 $RUNE /USDT ALERT: Testing Support at $1.28! 🚨
$RUNE /USDT is trading at $1.287, down 8.59%, and has recently bounced off its 24-hour low of $1.261. The MACD indicates weakening bearish momentum, but caution is advised due to the recent ecosystem issues.
Key Levels to Monitor:
Resistance: $1.30 – Breaking above this could target $1.35 and $1.40.
Support: $1.26 – A drop below may lead to $1.20 and $1.15.
Trade Ideas:
Long Entry: Above $1.30, targeting $1.35 and $1.40.
Short Entry: Below $1.26, aiming for $1.20 and $1.15.
Risk Management:
Stop-loss: $1.27 for longs, $1.29 for shorts.
With bearish sentiment still present, monitor for a potential relief rally or further downside pressure.