$RUNE has gained 15.10%, demonstrating relative strength during broader altcoin weakness. Its completed 4-hour rounding-bottom formation and breakout above the 50 EMA are encouraging technical signals. Increasing open interest and positive funding indicate active long positioning. However, potential cross-chain bridge liquidity constraints remain an important risk.
đ Bias: Bullish | đŻ Entry: $0.66â$0.68 | đĄ Support: $0.64 | đ§ Resistance: $0.74 | đŻ Targets: $0.715 / $0.740 / $0.790 | â Invalidation: Drop below $0.61.
Strategy: Look for a confirmed breakout retest or continuation while the $0.64 support structure holds.
#THORChain #RUNE #DeFi #AltcoinTrading #Binance
đ Bias: Bullish | đŻ Entry: $0.66â$0.68 | đĄ Support: $0.64 | đ§ Resistance: $0.74 | đŻ Targets: $0.715 / $0.740 / $0.790 | â Invalidation: Drop below $0.61.
Strategy: Look for a confirmed breakout retest or continuation while the $0.64 support structure holds.
#THORChain #RUNE #DeFi #AltcoinTrading #Binance
