#Runeustd • Current Trend: The market is still bullish, but there are signs that it is in overbought territory and may face a pullback or cooling off period soon.
• Bearish Indicators: Overbought conditions in both the RSI and KDJ suggest caution. There could be a small retracement or sideways movement in the short term before any further upward movement.
• Watch for Reversals: Keep an eye on the MACD for any bearish crossover, which could confirm a possible reversal.
The overall sentiment remains bullish, but with growing risk of a correction due to overbought signals.$RUNE