RUNE has faced stiff resistance around the 38.2% Fibonacci level in the current month. Sellers were seemingly inclined to initiate a likely pullback, potentially exposing the market to short-term lows toward their EMAs (20,50). Meanwhile, the friction between the buyers and sellers at the Point of Control (POC, red) could continue to exist while the […]RUNE has faced stiff resistance around the 38.2% Fibonacci level in the current month. Sellers were seemingly inclined to initiate a likely pullback, potentially exposing the market to short-term lows toward their EMAs (20,50). Meanwhile, the friction between the buyers and sellers at the Point of Control (POC, red) could continue to exist while the […]
