$RUNE : Long Liquidation Signals Key Trading Opportunity!

📊 $14.352K in longs liquidated at $4.865, suggesting that bulls are losing momentum.

However, this could create a pivotal trading setup as prices approach critical support and resistance zones.

Key Levels to Watch

Support Zone: $4.50 - $4.80 (potential bounce area).

Resistance Level: $5.25 (key breakout point).

Targets After Recovery or Breakout:

1. $5.50 (short-term).

2. $6.00 (medium-term).

3. $6.80 (long-term potential).

Trading Plan for $RUNE

Buy Zone

Dip Entry: $4.50 - $4.80 (if support holds).

Breakout Entry: Above $5.25 with strong volume.

Targets

1. Target 1: $5.50

2. Target 2: $6.00

3. Target 3: $6.80

Stop Loss

Stop Loss Level: $4.40 (below support to limit risk).

What’s Next?

1. Bullish Scenario:

If price bounces off $4.50-$4.80 or breaks $5.25, expect upward momentum toward $5.50 and beyond.

2. Bearish Scenario:

If price drops below $4.40, further downside may follow. Avoid buying in this case.

💡 Tips:

Wait for Confirmation: Look for bullish candles or increasing volume before entering.

Risk Management: Stick to your stop loss and avoid over-leveraging.

$RUNE might be at a turning point – Prepare for the next big move! 🎯

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