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Blockunity
Aug 19, 2023 9:34 AM

Retracement on THORChain after its strong bullish move? Short

RUNE / TetherUSBinance

Description

After a very impressive performance of +120% in 12 days, RUNE is now showing some signs of weakness, with sell signals on the Strength Reversion (BSR), while the Rainbow Score (BRS) is approaching the red zone. We could possibly look for an entry-level buy around the $1.15 level, before continuing the upward trend.
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