$RUNE - Price Analysis

🟨 Very neutral area on the daily; price is stuck between these Ichimoku levels: $1.680 – $1.385

Bears seem stronger here, and we could expect another move down toward the lower supports at $1.320-– $1.280 - 1.220$.

🟥 Potential bearish flag forming on the H1 view.

Despite a possible double bottom (weekly structure), the price could keep ranging for a few more weeks. Bulls need to break and hold above $1.700 on a weekly basis.

Overall: Difficult asset to trade right now, typically one I avoid.

#rune #altcoins