$RUNE is in an uptrend channel

Updated
RUNE is an excellent DEFI blockchain that currently appears undervalued, taking time to recharge its momentum.

The price is trending upwards, with a short-term target of **$7**.

If you took advantage of the opportunity to accumulate in my **green box**, as outlined in a previous idea, you're well-positioned for solid profits. Stay patient and enjoy the ride! 🚀
Trade active
RUNE is moving up, the weekly chart is showing that a bullish wave is coming. We are at the start of the altseason and everything is on track.
Here is an updated chart, showing on Weekly that we have no worry about RUN. The pump has not even started. It is warming up.

snapshot
Trade closed: target reached
Uptrend cancelled, it was good while it lasted.
Note
Well despite the massive crypto dump, specially for the altcoins, RUNE stays in its raising channel. If it stays at $5+ then the momentum is not lost and can resume.
Note
RUNE finally dumped to $4.5 then bounced. But the chart is telling me that this dump is not yet finished.
Remember my green box? It is a buy zone. Refill your bag if we reach this box, the probabilities are very high.
Here is an updated chart
snapshot
Chart PatternsDEFITechnical IndicatorsrunethorchainTrend Analysis

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