$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.

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