$RUNE /USDT BEARISH SETUP – REJECTION SIGNAL INDICATES DOWNSIDE POTENTIAL
Price faced rejection at the $1.35 resistance zone after a sharp upward move, failing to break the structure and now showing signs of a reversal. The bearish engulfing candle and failed retest near the previous support turned resistance confirm short-term downside pressure.
Trade Setup:
Entry: $1.317
Take Profit (TP): $1.243
Stop Loss (SL): $1.354
Outlook: Momentum has shifted bearish as sellers defend the $1.35 level. If price fails to reclaim the resistance zone, continuation toward the $1.24 demand area is likely. Risk management is crucial if bulls attempt a reclaim.
