#MatrixFamily listen to me carefully… $LUNC is pushing into resistance after a strong rally and this is where smart money usually starts taking profits
Entry Range: 0.00007250 – 0.00007400
Stop Loss: 0.00007650
Targets:
TP1: 0.00006950
TP2: 0.00006650
TP3: 0.00006250
After a strong impulsive move from the bottom, price is now approaching a key resistance zone near previous highs. You can already see rejection wicks forming at the top, which is a sign of weakening bullish momentum. This kind of structure often leads to a pullback before any further continuation.
The plan here is simple, wait for price to enter the resistance zone and show clear rejection. Do not rush entries, let the market confirm weakness and then take the short with proper risk management.
If price breaks and holds above 0.00007650, this setup becomes invalid and the rally may continue further up.