Technical analysis by cyscalpingvip about Symbol RUNE: Buy recommendation (3/11/2025)

RUNE/USDT Technical Analysis1. Current Market Conditions:- Price trading at 1.079 USDT- Showing signs of recovery from recent downtrend- Volume increasing on recent bullish moves- Currently testing resistance levels2. Key Technical Levels:- Major resistance at 1.214 USDT- Immediate resistance at 1.192 USDT- Support established at 1.006 USDT- Secondary support at 0.980 USDT3. Technical Indicators:- Price attempting to break above EMA cluster- Potential bullish reversal forming after 70% retracement- Volume profile showing accumulation at current levels- Early signs of trend reversal with higher lows formingTrading Recommendations:1. Short-term Strategy:- Look for long entries near 1.066 USDT support- Initial target at 1.192 USDT- Stop loss below 1.006 USDT- Consider scaling in positions on pullbacks2. Risk Management:- Maximum position size 1-2% of trading capital- Use tight stops due to high volatility- Consider partial profit taking at resistance levels- Leverage should be kept minimal (1-2x maximum)3. Key Points to Monitor:- Break above 1.192 could trigger stronger rally- Watch for rejection at EMA cluster- Volume confirmation on breakouts- Overall market sentiment affecting alt coinsSummary: RUNE shows potential bullish reversal signs after significant downtrend. Conservative traders should wait for confirmation above 1.192 while aggressive traders can look for entries at current levels with strict risk management.