$RUNE Price Prediction Today (Oct 28, Evening Update): THORChain Crypto Signal & Technical Analysis 📊

🔴 SHORT | Entry 0.6267 - 0.6293 | TP1 0.6168 | SL 0.6392
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🕒 Updated: Oct 28, 20:00 UTC · price 0.628

While Bitcoin bounced after the Fed hold, THORChain did not join in. It is down 8.5% this week and keeps getting rejected under its 4H moving averages.

📌 THORCHAIN TRADING SIGNAL (Strong, 4/5 signals agree)
Entry: 0.6267 - 0.6293
Take profit 1: 0.6168 (-1.8%)
Take profit 2: 0.6078 (-3.2%)
Take profit 3: 0.5943 (-5.4%)
Stop loss: 0.6392 (+1.8%)

📊 RUNE TECHNICAL ANALYSIS (4H CHART)
Price sits below the EMA20 (0.6289) and the EMA50 (0.6363), and the EMA20 is sloping down. Every bounce since Oct 23 has stalled near 0.639. RSI at 47 leaves room to fall before oversold.

🔑 KEY LEVELS
Support: 0.618, then 0.612 (100-candle low)
Resistance: 0.636 (EMA50), then 0.639

📉 Bearish scenario: a 4H close under 0.618 opens TP2 and a retest of 0.612.
📈 Bullish scenario: reclaiming the EMA50 flips the bias. A close above 0.6392 cancels this signal.

💡 Bottom line: weak relative strength on a green day is a warning sign. Tight stop, small size.

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Does THORChain lose 0.618 this week, or bounce first? 👇
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