LUNA's pullback pressure has skyrocketed! RSI is overbought + price-volume divergence. If it breaks 0.063, liquidate

After experiencing a violent surge from 0.06883 to 0.16616, LUNA is currently in a high-risk oscillation period. From a technical perspective, although the MACD golden cross indicates a short-term bullish momentum, the RSI is severely overbought at 75.2, and there is also a divergence in price and volume. There are still many trapped positions at the previous high of 0.16616, all these factors indicate that the pullback pressure is extremely high.

For holders, if you are already in profit, it is recommended to immediately reduce your position by 50% to lock in profits, set a trailing stop at 0.065 for the remaining position, and liquidate if it falls below 0.063; if you are trapped, you can reduce your position by 30% near 0.07 to lower your exposure, and wait for the remaining position to exit when it rebounds to the 0.075 - 0.080 area, while strictly setting a stop loss at 0.06.

For those who are out of the market or observing, an aggressive strategy could be to try a small long position at 0.065, with a position not exceeding 3%, a stop loss at 0.062, and a target of 0.075; a conservative strategy would wait for a breakout at 0.072 and then enter if it retraces without breaking; right-side trading could chase after a volume breakout at 0.08. However, regardless of the strategy, strict adherence to risk control rules is essential, with a single loss not exceeding 2% of total funds, total position not exceeding 10%, and no overnight positions.

In the short term of 1 - 4 hours, it is crucial to observe whether it can recover 0.07 and whether trading volume continues to shrink; in the medium term of 12 - 24 hours, it is a critical period for direction choice, breaking 0.072 or falling below 0.065 will establish the short-term trend; in the long term of 3 - 7 days, a new catalyst is needed to break the oscillation pattern, and attention should also be paid to the impact of BTC's trend on LUNA.

LUNA has historically shown large volatility, currently in the overbought zone, the risk of chasing high is extremely high, it is advised that investors strictly control their position not to exceed 5%, set hard stop losses, and wait for a safer entry point; preserving profits is more important than making more.

The market changes every day, keep your mindset relaxed, if you feel like you're always a beat behind and are worried about market noise, feel free to chat with L聊天室.#迷因币ETF #美SEC和CFTC加密监管合作 #美SEC推动加密创新监管 $LUNA