The $LUNA2 USDT chart shows a strong upward move, with the price currently at 0.12180, up 14.61% in the last 24 hours. The price has just broken above a key resistance level near 0.12, and the strong volume indicates increased market interest. The price is above all key moving averages, indicating bullish momentum.
Entry:
Entry Point: Consider entering a long position near the current price of 0.12180 or on a pullback to 0.12, which could offer a good entry point near support.
Stop Loss:
Stop Loss: Place the stop loss around 0.11, below the 25-period MA and the recent low, providing a safe cushion against potential downside.
Take-Profit Levels:
Take Profit 1: 0.1259, the recent high and a potential resistance level.
Take Profit 2: 0.13, a psychological resistance level.
Take Profit 3: 0.138, the next key resistance level based on previous highs.
With a strong breakout and bullish momentum, this trade looks promising, but always be sure to manage risk with a stop loss.
LUNA2USDT
Perp
0.11726
+10.44%