📉 $RUNE Major Breakdown Alert!

⚠️ $RUNE Daily Analysis – DON'T RUIN your Portfolio

🔍 Chart Overview:

Major Support: Price is approaching the $3.87 zone, a critical level that has previously held the structure together.

Crucial Support: If the major support fails, RUNE is likely to tumble toward the $3.30 level, the last major defense before the bloodbath begins.

📉 Breakdown Scenario:

A breakdown below $3.30 would be devastating for bulls, opening the gates to $2.40 and potentially $1.40, areas where liquidity pools may absorb the sell pressure.

📊 Technical Analysis:

1. Moving Averages:

MA99 (purple) at $5.12 and MA200 (green) at $4.74 are acting as dynamic resistances, trapping any upward move.

With price trading below these key levels, bearish dominance remains strong.

2. Liquidity Zones:

Significant liquidity lies at $2.40-$2.50, suggesting a potential bounce if the price enters this region. However, buyers must show conviction here to prevent further declines.

📈 What to Watch:

Bullish Recovery: Only a reclaim of $4.74-$5.12 (MA200 and MA99) would signal any meaningful reversal.

Downside Targets:

If $3.30 fails, expect a slide to $2.40, and further bleeding to $1.40 if liquidity dries up.

🚨 Pro Tip:
Set alerts at $3.87 and $3.30 for immediate updates. Monitor daily closes and volume spikes near these levels to gauge buyer strength.