Rejection zone ahead… price moving into supply after a weak push.
$RUNE / USDT – SHORT
Trade Plan
Entry: 0.530 – 0.542
SL: 0.555
TP1: 0.515
TP2: 0.502 (MA25)
TP3: 0.468 (previous low sweep)
Why This Setup?
4H Structure: Price is pushing upward but still within a broader range, approaching 0.542 resistance where sellers previously stepped in.
Resistance Behavior: 0.542 is a clear supply zone. A rejection here can form a lower high and trigger downside rotation.
MA Context: MA25 at 0.502 is acting as dynamic support. If price pulls back, this becomes the first target.
Momentum View: Current move up looks slow and corrective rather than impulsive, indicating weak bullish strength.
Volume Behavior: No strong breakout volume near highs, suggesting buyers may struggle to push above resistance.
As long as price stays below 0.542, structure favors a pullback toward 0.50 and potentially 0.468.
Debate:
Will RUNE break above 0.542 and flip bullish…
Or is this a rejection setup before a move back to range lows?
Trade $RUNE here 👇
RUNEUSDT
Perp
0.4984
-0.59%
#HadiaBTC $ETH $BNB $XRP BTCDropsBelow$77K#BhutanTransfers102BTC #AftermathFinanceBreach