š± WTH is going on?! $RUNE plummets from $3 to $1! š¤Æ
š What's behind the drop? š¤
⨠Concerns over insolvency, with liabilities exceeding available liquidity! ⨠Temporary pause on Bitcoin and Ethereum withdrawals! š« ⨠Inflation of token supply and sell pressure from withdrawal mechanisms! š
š„ But don't panic! The team is working on solutions to stabilize the situation and rebuild investor confidence! šŖ
š Current market situation:
⨠$RUNE /USDT trading at $1.081, down 44.48% in 24 hours! š ⨠High volatility, with sellers dominating the action! š
{spot}(RUNEUSDT)
š Key levels to watch:
⨠Resistance: $1.200 (recovery above this level could spark bullish momentum!) š ⨠Support: $0.950 (breakdown below this level could lead to further decline!) š«
š Trade setup:
⨠Long entry: Above $1.150, targeting $1.250 and $1.400! š ⨠Short entry: Below $0.950, targeting $0.850 and $0.800! š«
š Technical insights:
⨠RSI: 10.67, signaling extremely oversold conditions! š ⨠MACD: Displays bearish momentum with no signs of a reversal yet! š
š¤ What's your next move? Share your thoughts! š¬