After a prolonged downtrend from the peak around $11.46, RUNE/USDT has now returned to the golden zone ($0.70–$0.833) — a major historical support area that once served as the launchpad for a massive rally.
The price structure reveals a Falling Wedge pattern, a classic formation that often signals a potential trend reversal after a phase of exhaustion and distribution.
However, despite this bullish potential, the market remains at a crucial inflection point — where every candle in this zone could mark the beginning of a strong rebound... or the confirmation of a deeper breakdown to new lows.
---
Pattern & Structure Details
Main Pattern: Falling Wedge / Descending Channel
The narrowing trendlines indicate weakening selling pressure and potential for trend exhaustion.
Major Support Zone: $0.70 – $0.833, a strong demand area that has acted as a key pivot since mid-2023.
Key Resistance Levels (potential targets):
R1: $1.23
R2: $1.49 – $1.70
R3: $2.00 – $3.15
Critical Low: $0.55 → a break below this level could open further downside towards $0.40 or even $0.30.
---
Bullish Scenario (Potential Major Reversal)
If price holds above $0.70–$0.833 and then breaks out above the wedge trendline, it could confirm a strong reversal signal.
A 3D bullish candle with rising volume would serve as a powerful confirmation for a trend change.
Step-by-step upside targets:
T1: $1.23 → Initial resistance and short-term profit-taking zone.
T2: $1.49 – $1.70 → Mid-term reaction area.
T3: $2.00 – $3.15 → High-confidence target zone if a new bullish trend forms.
A valid breakout in this area could mark the end of the capitulation phase and the beginning of a new accumulation phase, similar to previous pre-rally setups.
---
Bearish Scenario (Final Breakdown Before Recovery)
If the $0.70 zone fails to hold and a 3D candle closes below it, the wedge structure will lose strength, opening downside continuation targets at:
$0.55 (previous low) as the first support,
followed by $0.40 – $0.30 if heavy selling continues.
However, beware of fake breakdowns (false breaks) followed by rapid recoveries — these often act as bear traps before a major bullish reversal.
---
Analysis Summary
📊 RUNE is standing at a major decision point.
The $0.70–$0.833 zone is the last line of defense — if it holds, a wedge breakout could ignite a new bullish leg. If it fails, the market may seek new lows before establishing a real bottom.
This moment will determine whether we’re witnessing smart money accumulation or the final phase of capitulation before the next market cycle begins.
#RUNE #RUNEUSDT #CryptoAnalysis #AltcoinWatch #FallingWedge #CryptoSetup #SupportZone #BullishScenario #BearishScenario #MarketDecision #CryptoTA #SwingTrade #TechnicalAnalysis
The price structure reveals a Falling Wedge pattern, a classic formation that often signals a potential trend reversal after a phase of exhaustion and distribution.
However, despite this bullish potential, the market remains at a crucial inflection point — where every candle in this zone could mark the beginning of a strong rebound... or the confirmation of a deeper breakdown to new lows.
---
Pattern & Structure Details
Main Pattern: Falling Wedge / Descending Channel
The narrowing trendlines indicate weakening selling pressure and potential for trend exhaustion.
Major Support Zone: $0.70 – $0.833, a strong demand area that has acted as a key pivot since mid-2023.
Key Resistance Levels (potential targets):
R1: $1.23
R2: $1.49 – $1.70
R3: $2.00 – $3.15
Critical Low: $0.55 → a break below this level could open further downside towards $0.40 or even $0.30.
---
Bullish Scenario (Potential Major Reversal)
If price holds above $0.70–$0.833 and then breaks out above the wedge trendline, it could confirm a strong reversal signal.
A 3D bullish candle with rising volume would serve as a powerful confirmation for a trend change.
Step-by-step upside targets:
T1: $1.23 → Initial resistance and short-term profit-taking zone.
T2: $1.49 – $1.70 → Mid-term reaction area.
T3: $2.00 – $3.15 → High-confidence target zone if a new bullish trend forms.
A valid breakout in this area could mark the end of the capitulation phase and the beginning of a new accumulation phase, similar to previous pre-rally setups.
---
Bearish Scenario (Final Breakdown Before Recovery)
If the $0.70 zone fails to hold and a 3D candle closes below it, the wedge structure will lose strength, opening downside continuation targets at:
$0.55 (previous low) as the first support,
followed by $0.40 – $0.30 if heavy selling continues.
However, beware of fake breakdowns (false breaks) followed by rapid recoveries — these often act as bear traps before a major bullish reversal.
---
Analysis Summary
📊 RUNE is standing at a major decision point.
The $0.70–$0.833 zone is the last line of defense — if it holds, a wedge breakout could ignite a new bullish leg. If it fails, the market may seek new lows before establishing a real bottom.
This moment will determine whether we’re witnessing smart money accumulation or the final phase of capitulation before the next market cycle begins.
#RUNE #RUNEUSDT #CryptoAnalysis #AltcoinWatch #FallingWedge #CryptoSetup #SupportZone #BullishScenario #BearishScenario #MarketDecision #CryptoTA #SwingTrade #TechnicalAnalysis
✅ Get Free Signals! Join Our Telegram Channel Here: t.me/TheCryptoNuclear
✅ Twitter: twitter.com/crypto_nuclear
✅ Join Bybit : partner.bybit.com/b/nuclearvip
✅ Benefits : Lifetime Trading Fee Discount -50%
✅ Twitter: twitter.com/crypto_nuclear
✅ Join Bybit : partner.bybit.com/b/nuclearvip
✅ Benefits : Lifetime Trading Fee Discount -50%
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
✅ Get Free Signals! Join Our Telegram Channel Here: t.me/TheCryptoNuclear
✅ Twitter: twitter.com/crypto_nuclear
✅ Join Bybit : partner.bybit.com/b/nuclearvip
✅ Benefits : Lifetime Trading Fee Discount -50%
✅ Twitter: twitter.com/crypto_nuclear
✅ Join Bybit : partner.bybit.com/b/nuclearvip
✅ Benefits : Lifetime Trading Fee Discount -50%
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.