RUNE Technical Analysis Jan 25

RUNE is maintaining its sideways trend at the 0.58$ level; watch the 0.5707 support and 0.5970 resistance levels today. Short-term risks are high, be cautious of quick invalidations.

Short-Term Market Outlook

RUNE is currently consolidating around 0.58$ and trading in the 0.57$-0.59$ range with a 1.87% drop over the last 24 hours. Volume remains low at 4.42M$, and the short-term trend can be defined as sideways. Price is trading below EMA20 (0.59$), showing a bearish short-term bias, but RSI at 34.39 is approaching oversold territory. MACD shows positive histogram formation giving mild bullish signals, but Supertrend is bearish and creating pressure at 0.61$ resistance. In the next 24-48 hours, 11 strong levels have been identified in MTF (multi-timeframe) analysis: 2 supports/3 resistances on 1D, 2S/2R on 3D, 1S/3R on 1W. No breaking news, so technical levels are in focus. A day with high volatility risk is expected for short-term traders; keep capital management tight and tighten stop-losses.

Intraday Critical Levels

Nearby Support Zones

The most critical nearby support is 0.5707$ (score: 89/100) – right below the intraday low and a strong hold point. A drop below this level (0.57$ invalidation) could trigger quick downside momentum and lead to a 0.54$ downside target. Secondary supports are weaker; quick scalp traders can look for a bounce at 0.5707$, but wait for confirmation even if RSI is oversold.

Nearby Resistance Zones

First resistance at 0.5901$ (score: 62/100), followed by 0.5970$ (64/100) and 0.6311$ (74/100). Supertrend resistance adds pressure at 0.61$. Remains bearish if 0.59$ EMA20 is not broken; volume increase required for breakout. These levels are tight zones for intraday – above 0.5970 is bullish invalidation.

Momentum and Speed Analysis

Short-term momentum is mixed: RSI at 34.39 has high bounce potential and could signal escape from oversold, but bearish bias dominates below EMA20. MACD histogram is expanding positively, indicating mild bullish divergence – needs a trigger for acceleration in sideways trend. Volume is low, so stay alert for sudden spikes. Supertrend is bearish on 4H timeframe with downward momentum bias, but MACD crossover could be bullish on 1H. Speed analysis: Volatility low (1.3% range), sudden BTC moves could shake RUNE. For scalping, watch the 0.57-0.59 zone, quick invalidation below 0.5707 or above 0.5970.

Short-Term Scenarios

Upside Scenario

If 0.5901$ and 0.5970$ resistances break with volume, first target 0.6135$ (score:46). Trigger: RSI 40+ and MACD line crossover. Probability of shifting from sideways to bullish upon EMA20 break is 35-40%. Quick invalidation: Drop below 0.5707. Risk: High, target max RR 1:1.5, suitable for short-term swings.

Downside Scenario

If 0.5707 support breaks, downside accelerates to 0.5400$ (score:28) target. Trigger: BTC break below 88.5K or volume-less drop. Probability 45+% with Supertrend bearish confirmation. Quick invalidation: Return above 0.5970. In this scenario, 0.57 short zone for scalps, but high risk – max position size 1%.

Bitcoin Correlation

BTC is sideways at 88,774$, similar to RUNE with 24h -0.99%. BTC supports at 88,519$/87,635$/86,420$; resistances at 88,915$/90,764$/91,282$. With BTC Supertrend bearish, altcoins (including RUNE) in caution mode – if BTC drops below 88.5K, RUNE tests 0.57 support, expect 80% correlation. If BTC stays stable above 89K, RUNE remains sideways. Key watch: BTC 88,915$ breakout green light for RUNE 0.59$, 88,519 break red alarm. Details in RUNE Spot Analysis and RUNE Futures Analysis.

Daily Summary and Watch Points

– Key watch: 0.5707 support (critical for hold), 0.5970 resistance (breakout trigger).
– Momentum: RSI bounce vs MACD confirmation.
– BTC impact: Below 88.5K = RUNE downside risk up.
– Risk: Short-term trades volatile, 1-2% risk/position, use quick stops.
– Targets: Upside 0.6135, downside 0.54 – 24-48h focus.
Short-term trading carries high risk; always prioritize capital protection.