RUNE is trying hard to go above the resistance area but gets multiple rejections. The big wick shows heavy selling and price rejection. RUNE needs to close a daily candle above $9 to get bullish momentum. If RUNE is unable to go above $9 then we will see a test of the lower support area. This is no trade zone.

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.