#RuneRising Can $RUNE outperform other altcoins in the upcoming bull run❓Is #RUNE gearing up for a major breakout or facing another pullback❓$RUNE /USDT Analysis Breakout Signs Above Support Levels❗$RUNE is trading at $1.296, showing a slight recovery of +1.65% in the last 24 hours. The price has rebounded from its recent low of $1.228, indicating bullish activity.
Key Levels to Watch:
1. Resistance: $1.311 – Breaking above this level could lead RUNE to target $1.35 and $1.40.
2. Support: $1.228 – Maintaining above this level is critical; a breach could push it towards $1.20.
Trade Setup:
1. Long Entry: Above $1.311, targeting $1.35 and $1.40. Stop-loss: $1.27.
2. Short Entry: Below $1.228, aiming for $1.20 and $1.18. Stop-loss: $1.25.
Market Insight:
The MACD shows early bullish momentum, supported by the Parabolic SAR indicating an uptrend. Monitor volume to confirm sustained buying pressure.