This shows buyers were over-leveraged around $0.061, and the market quickly punished that imbalance. Not a huge move, but enough to signal that upside liquidity is getting hunted.
If price fails to reclaim $0.0612, sellers likely stay in control and push toward lower liquidity zones.
Trade Setup (Pressure Continuation):
Entry (EP): $0.0605 – $0.0613
Stop Loss (SL): $0.0635
Take Profit (TP):
TP1: $0.0582
TP2: $0.0550
TP3: $0.0525
Read the move:
Reject $0.061 = bearish pressure stays
Break $0.059 = continuation likely
Reclaim $0.063 = trap → bullish invalidation
This isn’t panic… it’s leverage being cleared before direction sets.
#1000LUNC #LUNC #Altcoins #Liquidation #PriceAction $1000LUNC $USDC

USDCUSDT
Perp
0.99955
+0.02%

ETHUSDT
Perp
2,331.02
+2.58%

1000LUNCUSDT
Perp
0.06992
+9.26%