$RUNE SHORT TRADE SIGNAL – REVERSAL AFTER LOCAL TOP
$RUNE tested resistance near 1.269 and quickly rejected, showing weakness with sellers stepping in after the strong rally. Price is now pulling back toward support levels, signaling a potential short entry setup.
Trade Setup:
Short Entry: 1.258 – 1.263
Targets (TP): 1.247 – 1.235 – 1.225
Stop Loss (SL): 1.272
Market Outlook:
Momentum is cooling off after an extended bullish move, and rejection at resistance suggests short-term downside pressure. Caution is advised for long positions until fresh support confirmation.
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