Since no one talked about this coin.
$RUNE are on accumulation and undervalued!
Looking at the RUNE/USDT (Perp) chart on the 1D timeframe:
Technical Overview:
Price: $1.179 (+2.43%)
24h High / Low: $1.186 / $1.127
EMA Levels:
EMA(7): 1.134
EMA(25): 1.150
EMA(99): 1.941 (still quite far above)
RSI(6): 60.57 — approaching overbought but still in neutral zone
Volume: Fairly stable, with no major spikes recently
Lowest recent level: $0.950 (formed a solid base)
Chart Pattern Insight:
Structure: After a steep downtrend from around $7.5 to $0.95, the price has been consolidating in a sideways channel with a slight upward push recently.
Possible pattern: Could be the early stage of a rounded bottom / accumulation base.
RSI and price action suggest growing strength, with bullish divergence starting to form.
Price is currently challenging the EMA(25). A break and close above it, followed by EMA(25) crossing above EMA(7), could confirm early bullish trend reversal.
Verdict:
Not a strong buy yet, but accumulation could be considered for a mid-term hold.
Safer entry confirmation would be a breakout and close above $1.20–$1.25 zone with strong volume.
If you're aggressive, you can start small and scale in if the price confirms higher lows and crosses EMA(99).
Want me to overlay this analysis with the fundamental side too?