Massive Liquidation Alert
$RUNE Long Liquidated: $56.8K at $6.277
A significant position has been wiped out, highlighting intense market volatility.
Key Takeaways:
1. A sharp price drop triggered liquidation at $6.277.
2. Long positions are under pressure as selling intensifies.
3. Market sentiment may be shifting bearish unless strong support holds.
Next Move:
Watch for Support: Monitor critical levels at $6.2 and $6.0. A breakdown could lead to further downside.
Reassess Positions: If you are long, use tighter stop losses to protect capital.
Short-term Strategy: Bears may capitalize on current momentum, while bulls should wait for a confirmed bounce before entering.
Stay focused. Volatility is driving the market.