Market Analysis: $RUNE , $VTHO , and $CTK Lead the Decliners – What’s Next?
RUNE is experiencing a sharp decline, trading at $2.40 with a 20.48% loss over the past 24 hours. This significant drop places it as the biggest loser among major coins, reflecting strong bearish sentiment. If RUNE fails to hold above the key support at $2.30, it could further slide toward $2.10. However, a recovery above $2.50 would be the first signal of stabilization. VTHO is down 16.88% to $0.005753, with increasing selling pressure. The critical support at $0.00550 will be crucial for buyers to defend, or further declines could occur. Similarly, CTK, trading at $0.6148 with a 14.99% loss, is nearing a strong support zone around $0.6000. A break below this could signal additional downside risk.
Other notable decliners include $D (-9.16%), POND (-7.55%), and SOLV (-6.05%). While these coins face bearish trends, POND has shown signs of finding support at $0.02000, indicating potential for a short-term bounce. Traders should keep a close watch on volume trends and key support zones for reversal signals. These price movements highlight increased volatility and opportunities for both recovery plays and short positions, depending on market conditions. Caution and tight stop-loss management are advised.
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RUNE
2.268
-26.86%
0.005625
-17.81%
0.6136
+1.07%
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