$RUNE Tests Support: Bounce or Breakdown? Key Levels to Watch
$RUNE is trading at $6.885 on the 15-minute chart, showing signs of a slowdown after a pullback from its recent high of $7.130. The price is hovering near support at $6.880, a critical zone that bulls need to defend to stage a recovery. If buyers step in, a rebound toward resistance levels becomes likely.
Traders can consider entering around $6.870 – $6.890, targeting modest gains with TP1 at $6.920, TP2 at $6.950, and TP3 at $6.980. To limit downside risk, a stop-loss at $6.840 is recommended.
The RSI at 40.76 signals that RUNE is approaching oversold conditions, increasing the likelihood of a bounce. However, watch for volume confirmation and MACD stabilization, as failure to hold support at $6.880 could trigger a deeper decline toward $6.670.