🚨 $RUNE Liquidation Alert!

A massive long liquidation of $14.529K occurred at $3.2612, sending shockwaves through the market! This could be a pivotal moment for $RUNE traders. Let's break it down:

🔍 Current Market Overview

Price Action: $RUNE has shown high volatility after the liquidation.

Support Zone: $3.00 is acting as a strong psychological and technical support.

Resistance Zone: $3.50 is the key resistance to watch.

🔮 What’s Next for $RUNE?

The liquidation suggests sellers are currently in control, but opportunities lie ahead for both bulls and bears.

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🔥 Trading Strategy

📈 BUY ZONE:

Aggressive Entry: $3.20 - $3.25 (risky but higher reward).

Safe Entry: $3.00 - $3.10 (near strong support).

🎯 TARGETS:

1. Short-term: $3.40

2. Mid-term: $3.60

3. Long-term: $4.00

🛡️ STOP LOSS:

Place your stop loss at $2.90 to manage risk in case of further downside.

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⚡ Key Indicators to Watch

RSI: Oversold levels below 30 could signal a reversal.

Volume: Look for a spike in buying volume near the support zone.

MACD: A bullish crossover could confirm an upward move.

Final Note:

Stay cautious and avoid overleveraging. Monitor price action closely around the $3.20 level. If bulls fail to defend $3.00, could slide further, potentially testing $2.80. Always trade with proper risk management!

take on $RUNE’s next move? Share your insights below!

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