MyCryptoParadise

RUNE/USDT Crucial Moment. Continue Upward or Broke the Support ?

BINANCE:RUNEUSDT   RUNE / TetherUS
πŸ’Ž RUNE is on our radar due to its significant movements. Currently, it's hovering in a pivotal zone that previously acted as daily resistance but now serves as support. At present, RUNE is in a retesting phase, with the candlestick patterns indicating several bullish rejections.

πŸ’Ž This suggests that RUNE might be gearing up for an upward trajectory, possibly targeting the Bearish OB zone. Additionally, there's an FVG Area that RUNE might interact with.

πŸ’Ž However, if RUNE struggles to maintain its position above this support and breaks below, there's a chance it could descend to the demand zone. Here, it might either exhibit a rejection or initiate a new upward leg. If it continues its downward trend, it might even reach the Strong Demand area.

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