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After a steep sell-off, $RUNE has shown strong signs of reversal with bullish momentum building off the key support at $1.59. Price has broken above the minor resistance and is heading toward the next key supply zone. Trade Setup:
Entry: $1.623 - $1.630
Take Profit (TP): $1.694
Stop Loss (SL): $1.589
Market Outlook: The reclaim above $1.60 suggests a shift in short-term sentiment. Volume is rising and price is forming higher lows, indicating potential for continued upside. Watch for reaction near the $1.69 resistance.
Risk Management Tip: Only risk 1-2% of your capital per trade and always set SL to avoid unnecessary losses.