Short $RUNE . Open interest -8.0% in 24h while price moved +4.0% 👀
If sellers defend 0.602, I expect a drop to 0.597 and lower. Acceptance above 0.608, and I step aside.
Entry 0.600–0.602 (short)
Targets 0.597 → 0.594 → 0.589
Invalidation 0.608
The read:
- Positions are being closed, sellers could gain strength here.
- Stop is 1.2% away, TP3 is 2.0% away for a clean risk reward.
- Flat funding at -0.001%, positioning isn't crowded.
Can sellers hold this level?
Not advice. Your risk.
If sellers defend 0.602, I expect a drop to 0.597 and lower. Acceptance above 0.608, and I step aside.
Entry 0.600–0.602 (short)
Targets 0.597 → 0.594 → 0.589
Invalidation 0.608
The read:
- Positions are being closed, sellers could gain strength here.
- Stop is 1.2% away, TP3 is 2.0% away for a clean risk reward.
- Flat funding at -0.001%, positioning isn't crowded.
Can sellers hold this level?
Not advice. Your risk.
