Well, we are talking about RUNE again as it continues the push higher.  During this move I have been looking for upside targets based on resistance levels on the chart.

In my last post about RUNE the $6.25 area was identified as the next potential upside resistance.

Price has pushed from the 4s into that level and today's candle is showing some consolidation at that price area already.

Its too early to tell if the level will act as support, but I'd be surprised if we don't atleast see consolidation at this level for a few days.

That is preferred because a pullback would be no fun and if we see price continue to rip without a pause it just becomes way to overbought and a hard pullback becomes inevitable at some point.

 https://i.imgur.com/uC5k8XO.png 

### Where to Next?

This all begs to question, what is the next upside if the 6.25 area is breached.

There isn't a ton of major topping reversals until 12, but there is some price action in the mid 8s.  I will keep an eye on that, but either way alot of real estate available if price wants to keep pushing.

Posted Using [InLeo Alpha](https://inleo.io/@scaredycatguide/rune-hit-the-first-price-target)