🚨🚨🚨$RUNE Daily Analysis – Protect Your Portfolio with Strategic Insights

Technical Outlook👀💫

RUNE is hovering near a key support zone at $3.87, a critical level that has historically maintained price stability. A breach below this zone could lead to a significant decline, with the next major support found at $3.30. This level represents the final defense for bulls before the price potentially plummets toward $2.40 or even $1.40, where liquidity pools might absorb some of the selling pressure.

Bearish Momentum Indicators🚀🚀🚀

The Moving Averages (MA99 at $5.12 and MA200 at $4.74) are serving as dynamic resistance zones, stifling any upward attempts. With $RUNE trading well below these levels, bearish momentum remains firmly in control. Additionally, liquidity clusters between $2.40 and $2.50 could provide a temporary bounce, but buyer strength will be critical to sustain any recovery.

Key Levels to Watch🌟🌟🌟

For a bullish reversal, RUNE must reclaim the $4.74-$5.12 range, marked by the MA99 and MA200, to signal a potential trend shift. On the downside, a breakdown below $3.30 could accelerate selling, with targets at $2.40 and $1.40 if liquidity dries up further. Traders are advised to set alerts at $3.87 and $3.30 and closely monitor volume spikes and daily closes around these levels to gauge market sentiment and buyer activity.

Actionable Insights💫🚨

Stay vigilant and follow price action closely as $RUNE approaches pivotal levels. Prepare for both breakdown and recovery scenarios, adjusting your strategy accordingly to safeguard your portfolio.