🚀 $RUNE /USDT – Confirmed Bullish Breakout! 📈
Current Price: $1.428 (+15.25%)
has shown impressive strength, rallying 15.25% over the past 24 hours. This surge is a clear indication of solid buying interest, with the price currently pushing towards key resistance levels. The market sentiment is positive, with many anticipating further gains if momentum continues.
Critical Levels to Monitor:
Support Zone: $1.380 - $1.350 (Strong Demand Area)
Resistance Zones: $1.446 (Recent 24-hour High), $1.500 (Major Breakout Resistance)
Price Targets:
Target 1 (TP1): $1.450 – Minor Resistance Level to Overcome
Target 2 (TP2): $1.500 – Psychological and Key Resistance
Target 3 (TP3): $1.600 - $1.750 – Expansion Range for Potential Upside
Stop Loss:
$1.350 – Below Key Support to Protect Against Major Pullbacks
Market Insights:
Strong Momentum: $$RUNE as surged by 15.25%, signaling a strong bullish sentiment.
Volume Supports the Move: Trading volume at 133M RUNE is solid, suggesting ongoing interest and potential for more upside.
Consolidation Phase: Price action around $1.400 indicates possible accumulation before another breakout, with investors positioning for the next upward move.
Pro Tip:
A successful breakout above the $1.446 resistance could push rewards $1.500 and beyond. If a retracement occurs, consider the $1.380 - $1.350 zone as an ideal entry point for a bullish continuation.
Risk Management:
If the price fails to hold above the $1.350 support, a short-term pullback could happen. Keep an eye on these levels to gauge the next potential move.
With the ongoing bullish momentum and the possibility of breaking key resistance levels, RUNE poised for further growth. Stay vigilant, and manage your trades wisely as we approach the next major price targets.