$RUNE /USDT – Rejection From $2.03! Short Setup Building Up 🔻
Current Price: $1.956 (+4.21%)
$RUNE has shown strong upside, but the rejection from $2.03 and repeated lower highs indicate sellers gaining control.
Short Trade Setup:
Entry Zone: $1.95 – $1.98
TP1: $1.90
TP2: $1.85
TP3: $1.78
Stop Loss: $2.045
Key Resistance:
$2.00 – $2.035 (local top and rejection wicks)
Support Zones:
$1.85 (24H low)
$1.78 (structure support)
Market Insight:
The strong wick rejections from the $2.03 high followed by declining momentum suggest exhaustion in bullish pressure. RSI divergence and volume drop confirm short potential.
Pro Tip:
Look for a confirmation candle close below $1.95 before entry. Scale out profits as targets hit and use SL breakeven after TP1.
Sellers, gear up – $RUNE may be ready to roll back down!
#MarketRebound #TrumpTariffs #SaylorBTCPurchase #WhaleJamesWynnWatch #Bitcoin2025