MonoCoinSignal

RUNE reacted strongly last week after hitting the resistance

BINANCE:RUNEUSDT   RUNE / TetherUS
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RUNE reacted strongly last week after hitting the resistance of the $2.50 range. This resistance area, as it was identified as an important area on the chart last week, was faced with short-term buyers saving profits, and considering that the price was placed inside a triangle pattern and the overall market trend was also downward, the price The floor has broken the triangle pattern down. If we have a consolidation below the $2.20 range, we can expect the downward movement to continue until the bottom of the channel supports in the $1.5 and $1 range. For this week, RUNE's important support is drawn in the range of $1.67 to $1.56.

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