Trading Plan Short $1000LUNC

Entry: 0.0555–0.057

SL: 0.060

TP1: 0.053

TP2: 0.050

TP3: 0.047

Technical Analysis:$1000LUNC Market Update

The price has fallen to $0.05571, which shows a sharp decline of approximately 13%.

Looking at the chart, it seems that the price made a local high at $0.08155, but then strong selling pressure came and a downtrend began.

MA(7), MA(25), and MA(99) are all still following a downward direction, which confirms the weakness of the market.

The red arrow is signaling a possible drop in the future — which means the market currently appears to be clearly under the control of bears$1000LUNC

1000LUNCUSDT

Perp

0.05474

+3.71%