$RUNE / Short Trade Signal🔴
Rejection from Resistance Area
Descending Triangle Breakdown with Follow-Up
Failed Attempt to Reclaim Resistance at $1.320
RUNE faced rejection from the $1.320 resistance after a weak bounce. The price action broke down from a descending triangle and is now continuing its downward momentum. The setup suggests further declines as sellers are strongly defending the area.
🔻 Trade Setup:
• Entry Point: $1.311 – $1.316
• Stop Loss: $1.320
• Take Profit: $1.296 / $1.280 / $1.276
📉 Market Outlook: The trend remains bearish with sellers in control. The breakdown is likely to continue unless bulls reclaim $1.320.
#RUNEUSDT #BinanceFutures #CryptoTrades #ShortSignal #BearishTrend