$RUNE short on the 4H: sellers need 0.541 to cap it 👀
Price is at 0.540, just under the line. If sellers lean on it here, I watch for a flush toward 0.532. A close above 0.553 and the idea is done.
Reasons:
• 4H at 0.540, still below the EMA50 at 0.583, so structure sits with sellers
• Stop sits 2.4% away, TP3 3.9%, that's 1.6R if it gets there
• 1H RSI at 32, already washed out, so I'd rather wait than chase
🔴 SHORT
Entry: 0.5385–0.5407
TP: 0.5318 / 0.5266 / 0.5188
SL: 0.5526
Not advice, size it yourself.
Price is at 0.540, just under the line. If sellers lean on it here, I watch for a flush toward 0.532. A close above 0.553 and the idea is done.
Reasons:
• 4H at 0.540, still below the EMA50 at 0.583, so structure sits with sellers
• Stop sits 2.4% away, TP3 3.9%, that's 1.6R if it gets there
• 1H RSI at 32, already washed out, so I'd rather wait than chase
🔴 SHORT
Entry: 0.5385–0.5407
TP: 0.5318 / 0.5266 / 0.5188
SL: 0.5526
Not advice, size it yourself.
