$RUNE: Critical Resistance Test: $RUNE Preparing to Surge Higher
LONG SETUP RUNE
Entry: $0.78500 - $0.79500
Stop Loss: $0.75700
Take Profit: $0.85600 (2R)
Key Levels: Support $0.78500 | Resistance $0.80400
Technical Analysis for $RUNE: Price sits above EMA9, EMA21 and EMA200, while MACD histogram stays positive and ADX is above 40, confirming a strong uptrend. RSI and Stochastic are in overbought territory, posing a shortterm reversal risk. Watch for a break above the 0.804 resistance for confirmation; a drop back toward the 0.757 stop would invalidate the setup.
Market Context: BTC remains bullish on highertimeframes, and the overall market breadth is broadly positive, supporting riskon sentiment for altcoins like RUNE.
Can $RUNE hold support and challenge resistance? Follow for more data-led market setups.
LONG $RUNE
LONG SETUP RUNE
Entry: $0.78500 - $0.79500
Stop Loss: $0.75700
Take Profit: $0.85600 (2R)
Key Levels: Support $0.78500 | Resistance $0.80400
Technical Analysis for $RUNE: Price sits above EMA9, EMA21 and EMA200, while MACD histogram stays positive and ADX is above 40, confirming a strong uptrend. RSI and Stochastic are in overbought territory, posing a shortterm reversal risk. Watch for a break above the 0.804 resistance for confirmation; a drop back toward the 0.757 stop would invalidate the setup.
Market Context: BTC remains bullish on highertimeframes, and the overall market breadth is broadly positive, supporting riskon sentiment for altcoins like RUNE.
Can $RUNE hold support and challenge resistance? Follow for more data-led market setups.
LONG $RUNE
