📉 Current Sentiment: Very bearish – but there’s a twist! Key support at $1.950 was touched, triggering a strong bullish reaction. Despite this, the extreme volatility suggests caution, as prices could still trend lower. ⚠️
📊 Key Weekly Supports:
$1.950 - $2.00 (tested and held)
$1.400
$1.000
$0.800
📈 Short-term Outlook: 1️⃣ FOMO Pump Possible: Watch for a move toward the $2.800 resistance zone (open drive candle) as bulls react!
2️⃣ Sideways Phase Incoming? Expect potential consolidation between $2.200 - $2.800 after the pump.
💡 Pro Tips: Monitor my H1 levels closely to avoid getting caught in FOMO moves!
Stay cautious in the middle of the range – better opportunities lie near key levels!
🚨 What's Driving $RUNE? Market-wide volatility? Whale activity? News or updates from Thorchain?