Binance Technical Analysis: $RUNE
/USDT
š Current Price: $4.653 (+1.82%)
24h High: $4.724 | 24h Low: $4.362
24h Volume: 8.94M | 40.77M
š Technical Analysis Overview:
RUNE/USDT has been showing a solid uptrend in recent hours, with a +1.82% increase in the past 24 hours. The price has recently broken above key resistance levels, which suggests the potential for further upward movement.
š Target Levels:
1ļøā£ Target 1 - $4.80
This level acts as an immediate resistance point. A break above $4.80 would confirm the continuation of the bullish trend, with potential for higher highs.
2ļøā£ Target 2 - $5.00
A psychological barrier, $5.00 represents a major round-number resistance. If RUNE continues to show strength, $5.00 could become the next target for traders.
3ļøā£ Target 3 - $5.20
The $5.20 mark could be the next substantial resistance zone, supported by historical price action and the broader market conditions.
š Support Levels:
Immediate Support: $4.36 (24h Low)
Further Support: $4.20, providing a solid base for potential pullbacks.
š Conclusion:
RUNE/USDT is currently in a bullish phase, and as long as it maintains support above $SOL 4.36, the next key targets to watch are $4.80, $5.00, and $5.20. Traders should monitor the volume and price action closely for potential breakouts or retracements. Keep an eye on these target levels to gauge future price movements.
Happy trading! š
#Binance #TechnicalAnalysis #RUNEUSDT #Crypto #DeFi #PriceTarget #Trading