$RUNE /USDT – Potential Short Opportunity Ahead! 🚨

📍 Current Market Price: $1.872

Bearish Scenario:

Entry Range: $1.850 – $1.880

Profit Targets:

Target 1: $1.750

Target 2: $1.650

Target 3: $1.500

Target 4: $1.400

Stop Loss: $1.950

Bullish Reversal Possibility (If Support Holds):

Entry Range: $1.650 – $1.700

Upside Targets:

Target 1: $1.800

Target 2: $1.900

Stop Loss: $1.600

Market Overview & Strategic Insights:

Key Resistance Level: $1.900 stands out as a critical resistance zone; monitoring price action around this level can signal potential for short entries if rejected.

Crucial Support Level: A decisive drop below $1.750 may trigger extended downward momentum, paving the way towards deeper targets.

Momentum Indicators: An RSI dipping below 40, paired with declining volume, hints at continued bearish sentiment in the near term.

Risk Control Measures: Implementing disciplined stop-loss strategies is essential to safeguard against unexpected volatility. Always position size according to your risk tolerance.

RUNE/USDT Perpetual Contract

📊 Current Price: $1.882

📉 24h Change: -13.39%

Final Thoughts:

$RUNE is currently facing significant selling pressure, hovering near key support zones. While the bearish outlook suggests further downside potential, traders should remain vigilant for any signs of reversal, especially near the $1.650 level. Whether shorting or preparing for a possible rebound, adhering to strict risk management practices will be crucial in navigating this volatile setup.

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