🔴 $RUNE

USDT BEARISH MOVE EXPECTED – RETESTING AND READY TO DROP?

$RUNE is currently trading at 1.336, showing signs of weakness after its recent rally. The price failed to hold above the key resistance zone, indicating a potential shift towards a bearish continuation.

📊 Key Levels:

Resistance: 1.343 – 1.348

Support: 1.304

Current Price: 1.336

📉 Trade Setup (Short):

Entry Zone: 1.336 – 1.343 (on retest confirmation)

Take Profit (TP): 1.304

Stop Loss (SL): 1.348

💡 Market Outlook:

After a strong impulsive move upward, $RUNE has failed to maintain its breakout levels and is now forming a rejection pattern. Bears are regaining control, and if it fails to reclaim above 1.343, we can expect further downside towards 1.304 support, which aligns with previous demand zones.

⚠️ Risk Management:

Always trade with defined risk. Position size should be calculated to limit losses below 1-2% of total capital to protect against unexpected volatility.

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