RUNE: Testing a Critical Support Zone! ✊
#RUNE is at a crossroads! Currently trading at $4.16, the $3.700-$4.160 zone is critical for maintaining the uptrend. A weekly head and shoulders pattern looms, but daily and 4-hour charts still show #bullish momentum.
The price is retesting the neckline of the head and shoulders. A break below could trigger a fall to $2.00-$2.26. However, holding this support could lead to a return to the dynamic resistance level.
Key Points:
Support: $3.700-$4.160 (critical zone)
Resistance: Head and shoulders neckline (break bearish)
Upside Target: Dynamic resistance level (if support holds)
What's Your opinion on $RUNE ??