Here's a technical analysis summary of $RUNE /USDC based on the data you shared:
---
๐ Current Price:
1.678 USDC (โ Rs477.25)
Change: +2.76%
---
๐ Key Price Levels:
24h High: 1.736
24h Low: 1.605
Current Price vs. 24h High: Slightly below (1.678 vs 1.736) โ mild resistance at 1.736
Depth Resistance: 1.744
Support Zone: 1.579โ1.620
---
๐ Moving Averages (MA):
MA(5): 1.678 (Current price is right on it)
MA(7): 1.702 (Slightly above current price โ short-term resistance)
MA(25): 1.661 (Current price is slightly above โ short-term bullish)
MA(99): 1.590 (Still well above โ medium-term trend is bullish)
---
๐ Momentum & Trend Indicators:
Volume: 12.2K (Moderate โ no major spike)
MACD / EMA / BOLL / SAR: Not fully specified here, but price is currently:
Above MA(25) and MA(99): Positive sign
Below MA(7): Short-term consolidation or minor pullback possible
Volatility: Healthy daily range between 1.605 and 1.736
---
๐ Performance Summary:
Today: +1.94%
7 Days: +15.25%
30 Days: +15.88%
90 Days: +46.94%
180 Days: -55.50%
1 Year: -60.67%
๐ Note: The long-term trend is still bearish, but short-term sentiment is improving. A break above 1.736 with volume may signal continuation.
---
โ Conclusion (Trade Bias):
Trend: Short-term bullish, long-term bearish
Resistance to watch: 1.736 โ 1.744
Support levels: 1.620 โ 1.585
Breakout Above 1.744: Could push toward 1.80+
Caution if below 1.585: Possible drop back to 1.50 zone
#TradingStrategyMistakes #runecoin #RUNE/USDT #RUNE/USDT #RunesProtocol
