RUNE is currently painting an interesting picture on the daily chart. The descending channel pattern that's been developing is worth watching closely—and here's why. This particular price zone has historically functioned as a strong demand level, catching buyers' attention multiple times before. What's happening now? We're seeing fresh buying pressure emerging at these levels. The recent bounce suggests market participants are recognizing the opportunity and stepping back in. Whether this holds as a reversal point or continues within the channel structure will be key to monitor in the coming sessions.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
15 Likes
Reward
15
3
Repost
Share
Comment
0/400
VCsSuckMyLiquidity
· 5h ago
rune is again playing the downward channel game. Can it break through this time? Historical support levels have been repeatedly tested, and now new buying interest has come in... What sounds like an opportunity is honestly just gamblers entering the market again haha
View OriginalReply0
NoStopLossNut
· 5h ago
RUNE's rebound this time looks quite interesting, but I'm just worried it might be a false alarm...
View OriginalReply0
UncommonNPC
· 5h ago
The bottom-fishing hero is back again, always saying this is a strong support haha
RUNE is currently painting an interesting picture on the daily chart. The descending channel pattern that's been developing is worth watching closely—and here's why. This particular price zone has historically functioned as a strong demand level, catching buyers' attention multiple times before. What's happening now? We're seeing fresh buying pressure emerging at these levels. The recent bounce suggests market participants are recognizing the opportunity and stepping back in. Whether this holds as a reversal point or continues within the channel structure will be key to monitor in the coming sessions.