$RUNE Short Liquidation: $5.4944K at $5.0686
$RUNE recently saw a short liquidation, signaling potential volatility in the market.
Here's a concise analysis for your next move:
Current Situation:
Liquidation Level: $5.0686
Liquidation Amount: $5.4944K
Next Steps
Buy Zone
Entry Range: $4.90 to $5.10
Reason: This range offers a strong support zone where buyers are likely to accumulate.
Targets
Target 1: $5.35 (Quick profit zone)
Target 2: $5.60 (Major resistance area)
Target 3: $5.85+ (If momentum continues)
Stop Loss
Level: $4.85
Reason: Protects against sudden drops below support.
Market Overview
If the price sustains above $5.05, expect bullish momentum.
A break below $5.00 could lead to further declines, so watch closely.
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