Technical analysis by anitaduado about Symbol RUNE on 1/20/2024

The bullish momentum on higher timeframes is currently losing strength. However, the lower timeframes show an oversold market with the potential for forming a departure leg. Once this leg is complete, a short-lived bullish move is expected in the coming weeks. And the price will likely range between $40k and $43k. If the price breaks support at $40,275, a retest at $36,748 may occur. Alternatively, a breakout from $43,423 could lead to a retest of $48,840 before a potential reversal. Remember to be cautious during choppy market conditions and consider staying on the sidelines. Trading isn't mandatory every day, and preserving gains is crucial. Happy weekend, tribe. ✨✨ ~𝕬𝖓𝖎𝖙𝖆 𝕯𝖚𝖆𝖉𝖔 𝕿𝖍𝖆𝖙 𝕿𝖗𝖆𝖉𝖊𝖗 𝖙𝖍𝖆𝖙 𝖂𝖗𝖎𝖙𝖊𝖘