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$RUNE short setup — next target 0.5985
Entry: 0.6171
SL: 0.6410
TP1: 0.6075
TP2: 0.5985
TP3: 0.5850
Extended Target: 0.5760
$RUNE is showing renewed selling pressure on the 1H chart after a sharp rejection from 0.7337. The price structure remains bearish, with lower highs forming and the latest recovery failing around 0.6400.
Sellers are pushing price back toward the 0.6075 support area. A confirmed breakdown could trigger another move toward 0.5985 and potentially 0.5760.
The short setup remains valid below 0.6410. A sustained move above that level would invalidate the bearish outlook. Watch for confirmation near entry rather than chasing the decline.