🔥 $RUNE
Long Liquidation: $15,931 Wiped Out at $3.2725!
A crushing blow for $RUNE bulls as $15,931 worth of long positions were liquidated at $3.2725, marking a significant bearish move in the market.
What Led to the Liquidation?
1. Intense Selling Pressure: Bearish momentum pushed $RUNE below critical support levels.
2. Liquidation Cascade: Over-leveraged longs couldn't withstand the price drop, accelerating the decline.
Key Levels to Watch
Support Zone: $3.20 is the next critical level to prevent further downside.
Resistance Zone: Bulls need to reclaim $3.40 to regain market confidence.
Market Sentiment
This significant liquidation could either signal a buying opportunity for dip hunters or further bearish momentum. Caution is key—volatility remains high, and the stakes are higher!