RUNE/USDT Testing Critical Support – What's Next?RUNE/USDT depicts a bearish breakdown from a rising channel pattern. The price is currently hovering near the critical support zone around $4.20 to $4.50.
If this key support fails to hold, we could see a continuation of the downward momentum, targeting levels near $3.50 or lower.
However, a temporary consolidation near the support zone cannot be ruled out before the next decisive move.
DYOR, NFA
Runeshortsetup
SHORT RUNE/USDTRUNE is 35% above the breakout. It must retest at least 10% to 20%.
Expecting some good profits from this trade. If the price goes beyond $6 then I will exit this trade.
Accumulate from $5.37 to $5.8
SL: $6.065
Targets:
10%, 15%, and 20%.
Note: This ain't financial advice. I have done my own research and trading at my own risk. So, do your own research before taking this trade.
Happy trading.