🔥 RUNE getting crushed — -6.97% drop. Capitulation or buying opportunity?
📊 $RUNE — Full Technical Breakdown
💹 Price Action:
• Entry: $0.55 (-6.97% 24h)
• Support: $0.55 | Resistance: $0.60
• Pivot: $0.56
📈 Momentum:
• RSI(14): 34.4 — weak momentum
• MACD bearish crossover, histogram negative - selling pressure
🔗 MA Structure:
• EMA20: $0.60 | EMA50: $0.63
• Bearish alignment: Price < EMA20 < EMA50. Every rally is a sell.
🎯 Actionable Setup:
• Bias: SHORT
• Target 1: $0.60 | Target 2: $0.62
• Stop: $0.53
• R:R = 1:4.0
🔥 Long or short? Drop your thesis below 👇
$RUNE $THOR
#RUNE #TechnicalAnalysis #CryptoTrading #PriceAction
📊 $RUNE — Full Technical Breakdown
💹 Price Action:
• Entry: $0.55 (-6.97% 24h)
• Support: $0.55 | Resistance: $0.60
• Pivot: $0.56
📈 Momentum:
• RSI(14): 34.4 — weak momentum
• MACD bearish crossover, histogram negative - selling pressure
🔗 MA Structure:
• EMA20: $0.60 | EMA50: $0.63
• Bearish alignment: Price < EMA20 < EMA50. Every rally is a sell.
🎯 Actionable Setup:
• Bias: SHORT
• Target 1: $0.60 | Target 2: $0.62
• Stop: $0.53
• R:R = 1:4.0
🔥 Long or short? Drop your thesis below 👇
$RUNE $THOR
#RUNE #TechnicalAnalysis #CryptoTrading #PriceAction
