Verve97

RUNE: Approaching an important zone.

BINANCE:RUNEUSDT   RUNE / TetherUS
RUNE has seen some massive gains over the last days, jumping from $7.5 to $11.5. It is now approaching an important price point, well respected various times already.

This can be a good time to book some profits. Those who bought at $7-8 are up ~50% and are yet to take profits as shown by the parabolic move.
On the other hand, If it does clear the $12 area, it’s full send to $14 imho.

Regardless, be careful if you long this. We are just under resistance. Good luck!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.