$RUNE 💯🤑💰🔥
/USDT Technical Analysis
As we observe the current market trend for $RUNE /USDT, the price stands at $3.388, reflecting a -14.98% decrease in the last 24 hours. The market has experienced some volatility, with a 24h high at $4.021 and a 24h low at $3.356, demonstrating the ongoing fluctuation.
Key Levels:
Support Level: $3.356
Resistance Level: $4.021
Market Sentiment:
The current price shows a slight recovery (+0.68%) from the recent low, which might signal a potential reversal if the bulls can push past the $3.800 resistance. The 24h volume of RUNE stands at 21.39M, with 79.04M USDT in trading volume, indicating healthy market activity.
Moving Averages:
Short-Term Trend: The recent price action suggests consolidation around the $3.388 level, and a break above $3.800 could lead to a more substantial rally.
Long-Term Outlook: Given the overall decrease in the price, attention should be paid to any further downside pressure towards the $3.350 range, which could serve as another entry point for those looking to trade the pair.
Keep an eye on the market as RUNE/USDT may continue to experience price swings based on broader market conditions. Always ensure proper risk management strategies when engaging with volatile pairs like RUNE.
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