RUNE/USDT depicts a bearish breakdown from a rising channel pattern. The price is currently hovering near the critical support zone around $4.20 to $4.50.
If this key support fails to hold, we could see a continuation of the downward momentum, targeting levels near $3.50 or lower.
However, a temporary consolidation near the support zone cannot be ruled out before the next decisive move.
DYOR, NFA
If this key support fails to hold, we could see a continuation of the downward momentum, targeting levels near $3.50 or lower.
However, a temporary consolidation near the support zone cannot be ruled out before the next decisive move.
DYOR, NFA
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.