$LUNA
LUNA
0.1279
+25.76%
BEARISH TECHNICAL ANALYSIS SETUP
LUNA has completed a strong upward impulse and is now showing clear signs of exhaustion as sellers step back into control. After forming a sharp wick near the recent high, price has shifted into a corrective downtrend with lower highs indicating weakening bullish momentum. The current structure suggests a bearish continuation toward the next support levels if price re-enters the breakdown zone.
Entry Zone: 0.0990 – 0.1040
TP1: 0.0880
TP2: 0.0800
SL: 0.1100
Market Outlook: Momentum is shifting downward as buyers fail to regain the breakout region. Any retest toward the entry zone may provide an opportunity for continuation toward lower support levels.