⚡ $RUNE ($THOR) Bounce or Continued Drop? ⚡
Quick intraday analysis for the next 4 hours.
🔍 Key Data
Price: ~$0.3904 USDT (-3.70% in 24h)
Funding Rate: -0.00958% 🟢 (Slightly negative, potential short closures could drive a bounce).
Context: The price is correcting from the daily high of $0.4164 and testing support near the lows ($0.3848). The protocol is advancing in the final phase of node security (KeyVerify).
🧭 Operational Plan (Next 4 Hours): LONG 📈
The price is overextended to the downside on shorter timeframes (15m/1h) on a key support level. The initial bias seeks a technical bounce.
🟢 Entry (Long): $0.3850 - $0.3900 USDT
🎯 Take Profit 1: $0.3990 USDT
🎯 Take Profit 2: $0.4080 USDT
🚨 Stop Loss: $0.3810 USDT (If this level breaks, the scenario shifts to SHORT).
⚠️ Manual analysis for scalping. Keep a close eye on BTC strength before entering.
#Crypto #THORChain #RUNE #Trading
Quick intraday analysis for the next 4 hours.
🔍 Key Data
Price: ~$0.3904 USDT (-3.70% in 24h)
Funding Rate: -0.00958% 🟢 (Slightly negative, potential short closures could drive a bounce).
Context: The price is correcting from the daily high of $0.4164 and testing support near the lows ($0.3848). The protocol is advancing in the final phase of node security (KeyVerify).
🧭 Operational Plan (Next 4 Hours): LONG 📈
The price is overextended to the downside on shorter timeframes (15m/1h) on a key support level. The initial bias seeks a technical bounce.
🟢 Entry (Long): $0.3850 - $0.3900 USDT
🎯 Take Profit 1: $0.3990 USDT
🎯 Take Profit 2: $0.4080 USDT
🚨 Stop Loss: $0.3810 USDT (If this level breaks, the scenario shifts to SHORT).
⚠️ Manual analysis for scalping. Keep a close eye on BTC strength before entering.
#Crypto #THORChain #RUNE #Trading