$LUNA2 is undergoing a healthy correction after the recent bullish surge. Corrections like this are necessary—they flush out weak hands and allow sellers to step in strategically. I’m watching this zone closely as it could determine the next downward move.

Trade Setup:

Entry Zone: $0.217 – $0.220

Target 1: $0.210

Target 2: $0.204

Stop Loss: $0.224

This zone is strong because it aligns with previous support and a key reaction area where buyers previously defended price. They’re building strength here, and if this level holds, it could trigger another leg down. Momentum is easing on the upside, giving sellers a clear risk-to-reward opportunity.