Technical Analysis: $RUNE 🤑💰🔥💯

/USDT - Market Outlook

The $RUNE /USDT pair is currently facing some downward pressure, trading at $3.545, a slight drop of -0.81% over the last 24 hours. With a 24h high of $4.078 and a low of $3.517, the price remains within a narrow range, reflecting a consolidating market.

Key Indicators:

Support Level: $3.520

Resistance Level: $3.900

24h Trading Volume: 19.39M RUNE, 73.49M USDT

Market Sentiment: Neutral to bearish in the short term as the price hovers near the lower boundary of the range.

Looking at the 1-hour chart, RUNE has been fluctuating between $3.517 and $3.574, indicating consolidation. A break below $3.520 could lead to further downside, with potential support at $3.400. On the upside, a successful break above $3.900 could open the door to a retest of the 24h high.

For traders, it’s important to monitor price action around these levels.

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