$RUNE /USDT – Breakout or Fakeout?
📢 THORChain’s RUNE is on fire! With an 18% pump, the price hit $1.587, nearing key resistance.
🔹 Market Insights:
✔ RSI: 95.14 – Extremely overbought! A pullback is likely.
✔ Support Zones: $1.516 - $1.398 (Ideal buy levels)
✔ Resistance: $1.591 - $1.614 (Breakout target)
💡 Trade Setup:
✅ A breakout above $1.614 could push RUNE to $1.700+!
❌ Failure to hold current levels might lead to a correction near $1.398.
🔥 Is RUNE set for new highs, or will we see a pullback? Keep an eye on the resistance zone!