💥 A huge $23.27K long liquidation just occurred at $3.6921, triggering a lot of movement in the market! Will RUNE continue its fall, or is it setting up for a rebound? Let’s break it down and see what’s next!
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What’s Next for $RUNE?
📉 Scenario 1: Bearish Continuation If the selling pressure continues, might dip further, testing lower support zones before finding stability.
📈 Scenario 2: Bullish Reversal After such a big liquidation, $RUNE could reverse course as fresh buyers enter the market, leading to a strong recovery.
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Key Levels to Watch
✅ Buy Zone: $3.60 – $3.70
Watch for price stabilization or signs of a reversal in this range to find a good entry point.
🎯 Targets:
1. Target 1: $3.90
2. Target 2: $4.10
3. Target 3: $4.50
❌ Stop Loss: $3.50
Protect your position with a stop loss below this level in case the bearish momentum continues.
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Pro Tips for Trading $RUNE:
1. Wait for Confirmation: Don’t rush in—look for a clear bullish signal, like higher lows or an increase in volume, before entering.
2. Monitor Volume: Watch for strong buying volume to confirm the start of a reversal.
3. Risk Management: Always use a stop loss to limit your potential losses and avoid getting caught in a downward spiral.
🔥 With this $23.27K liquidation, $RUNE might be primed for a big move! Will you be ready to ride the wave?
Always do your own research (DYOR) before making any trade. Stay disciplined, stay smart, and trade wisely! 🚀
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