$1000LUNC – Clean rejection forming at resistance, momentum fading fast

Trading Plan Short $1000LUNC

Entry: 0.0510 – 0.0530

SL: 0.0570

TP: 0.0480

TP: 0.0440

TP: 0.0400

Price pushed aggressively into this resistance zone but the move is losing strength with every attempt. Upside continuation is no longer clean, and buyers are struggling to maintain control.

This kind of slowing momentum near highs often signals exhaustion, opening the door for sellers to step in and drive a sharp pullback. Smart money typically looks for these weak continuations to position shorts.

Stay sharp and manage risk properly. DYOR

1000LUNCUSDT

Perp

0.0989

-4.34%