🌟 RUNE
📌 Event Details:
• Event Type: Short Liquidation
• Volume Liquidated: $1.1228K
• Trigger Price: $0.4199
🎯 Trade Setup:
• Entry Zone: $0.4180 - $0.4220
• TP1: $0.4350
• TP2: $0.4500
• Stop-Loss (SL): $0.4080
📊 Market Analysis:
The liquidation of short positions at the $0.4199 level indicates a localized squeeze on forced sell orders, creating an immediate absorption of overhead selling pressure. As price action clears this localized threshold, sell-side liquidity clears out, allowing demand from spot order books to push price higher toward major structural supply zones. The failure of sellers to maintain downside momentum above key support opens a trajectory for a potential continuation move higher, provided spot buyers absorb any retest near the breakout zone.
🛡️ Risk Management: Allocate a maximum of 2% to 3% of total portfolio capital to this spot position to mitigate drawdowns.
