Follow Rune's 4-hour trend. Based on recent price action, there are clear signs that the overall POC (value area) has shifted downward, and the current price is already very close to this key value center. It is worth paying attention to how the token reacts to the AVWAP line since October 26. Once a pullback occurs, the $0.61 level may become an important support. The subsequent trend will depend on whether these key levels can hold.
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CryptoFortuneTeller
· 19h ago
rune this wave is interesting, can 0.61 really hold? feels a bit uncertain
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BoredApeResistance
· 19h ago
0.61, hold on tight, or you'll get cut again...
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SolidityJester
· 19h ago
0.61, hold on tight, or you'll get beaten up.
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StableGenius
· 19h ago
poc shifting lower is textbook capitulation setup, ngl. seen this pattern fail spectacularly more times than i can count. that 0.61 hold... *if* it even gets tested. empirically speaking, the real question nobody's asking is whether avwap rejection at that level signals actual support or just delay before the next leg down. but sure, watch the 4h, i guess.
Follow Rune's 4-hour trend. Based on recent price action, there are clear signs that the overall POC (value area) has shifted downward, and the current price is already very close to this key value center. It is worth paying attention to how the token reacts to the AVWAP line since October 26. Once a pullback occurs, the $0.61 level may become an important support. The subsequent trend will depend on whether these key levels can hold.