**#RUNEUSDT | Perp**
๐ **Current Price**: $1.994 | **24h Change**: +1.51% | **Key Resistance**: $2.02
#### **๐ Technical Breakdown (30-Min Chart)**
- **Rejection Confirmed**: Price tested **$2.00โ$2.02** (supply zone) but failed to break, forming a **long upper wick** โ classic bearish reversal signal .
- **Volume Shift**: Bearish volume spiked during rejection, while bullish volume faded, indicating seller dominance .
- **RSI Divergence**: 14-period RSI at **58** (neutral), but showing bearish divergence on lower timeframes .
#### **๐ Trade Setup**
- **Entry Zone**: **$1.985โ$1.994** (retest of broken support)
- **TP1**: **$1.934** (*-3% move*)
- **Stop-Loss**: **$2.023** (above recent high)
- **Risk/Reward**: **1:2.5** (optimal for swing trades)
#### **โ ๏ธ Key Risks**
- A **close above $2.02** with volume could invalidate the bearish structure .
- Low timeframe volatility may trigger premature stops โ adjust position size accordingly.
#### **๐ก Why This Works**
1. **High-Probability Zone**: Repeated rejections at $2.02 confirm seller strength .
2. **Market Sentiment**: Neutral-to-bearish RSI and declining bullish volume align with downside potential .
3. **Broader Context**: RUNEโs weekly chart shows a downtrend from $6.894; this pullback aligns with the macro bearish structure .
#### **๐ Pro Tip**
Use a **limit order** near $1.985 to avoid slippage. Monitor **BTC dominance** โ a spike could amplify altcoin downside .
**#RUNE #ShortTrade #CryptoTA #BearishSetup **
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### **Key Enhancements**
1. **Clear Structure**: Separated analysis, setup, and risks for readability.
2. **Data-Driven**: Added RSI, volume context, and macro trends from TA .
3. **Actionable**: Defined precise entry/exit levels and risk parameters.
