Short Squeeze Alert: $RUNE Shorts Crushed for $66.1K at $3.350!
The bulls have taken charge as $66,100 worth of $RUNE short positions were liquidated at $3.350, pushing the market higher and forcing bearish traders to retreat.
What Triggered This Move?
1. Bullish Breakout: Strong buying pressure drove the price through resistance, catching shorts off guard.
2. Short Liquidation Effect: Forced closures amplified the upward surge, intensifying momentum.
Key Levels to Watch for $RUNE
Support Zone: $3.30—a critical level to sustain bullish action.
Resistance Zone: A move above $3.40 could trigger further upside potential.
Market Sentiment
The significant liquidation reflects growing bullish sentiment. Will $RUNE sustain its upward trajectory, or is a consolidation period ahead? Keep an eye on the price action—volatility is high, and opportunities are abundant!