$LUNA2 is undergoing a healthy correction after the recent upward move, allowing the market to consolidate and shake out weaker positions. Corrections like this are important for creating a stronger foundation for the next bullish push.
Trade Setup:
Entry Zone: $0.1285 – $0.130
Target 1: $0.134
Target 2: $0.138
Stop Loss: $0.127
I’m watching this zone closely because it aligns with previous support near $0.1298 and coincides with the 0.618 Fibonacci retracement of the recent swing. They’re building strength here, and if this level holds, LUNA2 could rebound toward the targets.
$4.7725K worth of shorts were liquidated at $0.1298, showing strong buying pressure and reinforcing this key support area.
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LUNA2USDT
Perp
0.14494
+44.81%
