$RUNE /USDT – BULLISH REBOUND TESTING SUPPLY ZONE, BREAKOUT MOMENT OR REJECTION? 🚀📈
$RUNE /USDT is showing a strong recovery move after bouncing from the 0.307 low and currently trading around 0.342, now pressing into the 0.347 resistance zone. The structure has shifted bullish in the short term with higher lows forming, but price is now facing a key supply area where previous rejections occurred. This makes the zone critical for continuation or short-term pullback.
Immediate Next Move: If price breaks and holds above 0.349 with strong volume, continuation toward 0.365–0.385 is likely. However, rejection from this resistance may trigger a pullback toward 0.326 support, and losing that level could extend downside toward 0.313.
Trade Setup: Long Entry: 0.334 – 0.342
Take Profit (TP):
TP1: 0.349
TP2: 0.365
TP3: 0.385
Stop Loss (SL): 0.320 (below structural support)
Short-Term Market Outlook: Market is in a bullish recovery phase but currently testing a strong resistance zone. A confirmed breakout would signal continuation, while rejection may lead to consolidation before the next impulsive move.
#RUNE #USDT #CryptoAnalysis #DeFi #PriceAction $RUNE
