THORChain (RUNE) Faces Strong Bearish Pressure Amid Market Uncertainty

2025-02-02 02:14:47

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RUNE’s price fell 48% after losing support, signaling bearish momentum as trendlines and EMA50 failed.

Fibonacci retracement zones provided initial support, but repeated tests led to a breakdown, heightening bearish sentiment.

Recovery depends on reclaiming critical Fibonacci levels and EMA50, with further declines likely if RUNE fails to rebound.

THORChain (RUNE) has experienced a decline following a critical technical breakdown. The asset, which had shown t strength, now faces immense beari

RUNE1,14%

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