🚀 THORChain ($RUNE ) Surges 15.89% – Bullish Momentum Continues?

📊 RUNE is trading at $1.41

Strong 15.89% gain in the last 24 hours đŸ”„

Volume is rising, confirming bullish sentiment 📈

đŸ”„ Why is RUNE pumping?

The THORChain V3.20 update just dropped ⚡

Removing the Mimir key and shifting control to node operators đŸ—ïž

Enhancing decentralization and security 🔒

Boosting investor confidence in THORChain’s future 🚀

📈 Technical Breakdown

RSI: 30.44 – Neutral, no overbought signals yet ⚖

Stochastic: 17.67 – Strong buy signal ✅

MACD: -0.6590 – Bullish crossover forming 📊

ADX: 51.86 – Strong trend confirmation đŸ”„

10-day SMA: $1.37 – Holding support, showing strength đŸ—ïž

20-day EMA: $1.94 – Still bearish, but reversing 🔄

🔍 Key Levels to Watch

Resistance: $1.45 - $1.50 – A breakout could trigger further upside 🚀

Support: $1.25 - $1.28 – Bulls must defend to maintain momentum đŸ›Ąïž

💡 Final Take

With strong fundamentals, a major network upgrade, and bullish signals aligning, RUNE has potential for further gains 📈

Watch for profit-taking near resistance and BTC’s movement to confirm the trend 👀

📱 Will RUNE break $1.50 next? Drop your thoughts! đŸš€đŸ”„

#rune #THORChain #BinanceExplorers #analysis