2026-02-16 11:27:05

⚡️ Technical Analysis: ThorChain ($RUNE )

Market Capitalization: $147 million.
On the current RUNE chart, we see that the price is in a sideways channel, holding levels fairly reliably.

How to trade❔

💬 Trading inside the channel probably isn't worth it – the range is too narrow for a comfortable risk/reward ratio. But trading the breakout – that's the play!

💬 We calculate the trade assuming the stop will be placed beyond the extremum, and the profit target before the next level. With a favorable risk/reward ratio, we can enter the trade.

💬 We wait for the price to close beyond the level and go.

💬 We make these calculations both for an upward breakout to buy and a downward breakout to sell.

Conclusion:
A sideways market isn't a death sentence – it's preparation for a move. Patience and discipline will pay off.

📈 Open a trade with $RUNE ‌🔗 Chat • X • JioCoinsX

RUNE0,66%

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