technical analysis and trade signal for $RUNE /USDT based on the provided data:

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Current Price: $6.82 (+6.99%)

24h High: $7.091

24h Low: $6.154

SAR Support: $7.064

Trade Signal: Buy RUNE/USDT

Trade Setup:

Trend: Bullish momentum is apparent, with the price moving upward (+6.99%) after bouncing off the 24h low of $6.154. The market is showing active buying interest.

Support: $6.154 (24h low), SAR: $7.064

Resistance: $7.091 (24h high)

Trade Momentum:

Bullish: With a strong price increase and a positive volume spike of 105.73M USDT traded, the market sentiment is optimistic. The SAR level at $7.064 provides key support, suggesting the price is likely to hold above this level.

Volume: The volume of 16.08M RUNE traded in the past 24 hours shows healthy market activity, supporting further upside potential.

Targets:

Target 1: $7.10 – First target at the 24h high. Watch for a breakout above this level for continuation.

Target 2: $7.50 – A possible psychological resistance level. A breach of $7.10 could see the price move to this level.

Target 3: $7.75 – If the bullish momentum sustains, this higher resistance level could come into play.

Stop-Loss:

Stop-Loss Level: $6.15 (24h low), in case of a market reversal or breakdown below this level.

Conclusion:

RUNE/USDT shows strong bullish momentum with solid support at $6.154. If the price breaks the 24h high of $7.091, it could move towards higher targets at $7.50 and $7.75. Make sure to set a stop-loss at $6.15 to manage risk effectively.

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