BTC $62,650.00 ▼ 0.69% ETH $1,843.08 ▼ 0.94% USDT $0.9990 ▼ 0.02% BNB $586.16 ▲ 0.61% XRP $1.07 ▼ 1.30% SOL $72.53 ▼ 0.81% DOGE $0.0694 ▼ 0.82% SHIB $0.00000486 ▼ 2.49% PEPE $0.00000285 ▼ 1.47% BTC $62,650.00 ▼ 0.69% ETH $1,843.08 ▼ 0.94% USDT $0.9990 ▼ 0.02% BNB $586.16 ▲ 0.61% XRP $1.07 ▼ 1.30% SOL $72.53 ▼ 0.81% DOGE $0.0694 ▼ 0.82% SHIB $0.00000486 ▼ 2.49% PEPE $0.00000285 ▼ 1.47%
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Piyasa Stablecoin

RUNE: local squeeze with $0.4994 destination

RUNE: local squeeze with $0.4994 destination

The Macro Picture 🗺️
RUNE unwound from the $0.6372 macro ceiling into a summer base and has reclaimed $0.4356, building higher lows off the $0.3737 local low. Price is coiling just under its local high with the floor intact — a base rebuilding, not a breakdown.

The Setup ⚙️

The Range Floor 🟢
$0.3737 (Local Low) is the demand shelf, with $0.2939 (Macro Support) as the deeper backstop. Both have held, and that's the base this range pivots on.

The Decision Point 🔴
$0.4621 (Local High) is the gate. A daily close above it flips the local structure bullish and opens the path to the $0.4994 measured-move target.

The Roadmap 🛣️
Hold above $0.3737 → break $0.4621 → run toward $0.4994. Invalidation is a clean daily close below $0.2939 — that breaks the range.

This is a GRID Range Play: a defined band to rotate, buying the lower half and scaling out into the breakout.

#RUNE #THORChain #crypto #trading #TA #3Commas #GRID

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