*The RUNEUSDT analysis update is looking bullish!* 📌
The current price of RUNE / TetherUS is $5.007 USDT, with a 0.14% drop in the past 24 hours and a 10.51% increase over the last month.
Technical Analysis
The technical ratings suggest a "buy" signal, with several indicators pointing to a strong buy. The Moving Averages (MA) rating is neutral to strong buy, while the Oscillators rating is neutral.
Trade Ideas
Some analysts recommend long positions, with entry points between $4.69 and $5.617, targeting $6.5-$14. Others suggest waiting for a breakout above the descending triangle pattern, which could lead to a significant price movement.
Key Levels to Watch
- Support: $2.80, $3.50, $4.69
- Resistance: $6.5, $8.5, $10-$11
Keep in mind that market conditions can change rapidly, and it's essential to consider other factors and conduct thorough analysis before making investment decisions. Always use stop-loss and take proper knowledge before investments.
