RUNE/USDT — Reversal Incoming or Breakdown Ahead?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.
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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.
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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.
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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.
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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.
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