$RUNE USDT BEARISH FAKEOUT TRAP SETTING UP – SHORTS MAY DOMINATE SOON! 🔻
Price has pushed into a strong resistance zone around 1.310, showing signs of exhaustion after a swift rally. The chart illustrates a potential bull trap scenario — where the market entices longs, only to reverse sharply. A breakdown from the current level suggests a short setup with considerable downside potential.
Trade Setup – Short Trade Signal 🔴
• Entry Zone: 1.310 - 1.300
• Take Profit: 1.166
• Stop Loss: 1.320
• Risk/Reward Ratio: Favorable (over 3R)
Market Outlook:
RUNE has tapped into prior structural resistance and is forming a potential double-top rejection. Volume is not confirming continuation. If sellers step in near the 1.310 zone, a bearish reversal toward the 1.165 support zone is likely.
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buy and trade here on $RUNE