$LUNA Sharp Reversal After Overextended Rally — Pullback Trade Setting Up 🔻
Short Trade Signal (Day Trade):
Sell Zone: 0.198 – 0.208
TP1: 0.182
TP2: 0.168
TP3: 0.150
SL: 0.222
Leverage: 10–25x (risk 1–2%)
Open Trade in Future👇🏻
Spot Traders:
Avoid buying LUNA at the top of this move. The chart shows exhaustion after a vertical run. Spot buyers should only consider accumulating much lower, once price settles into a stable support area.
Why This Trade:
LUNA surged aggressively into 0.247–0.250 before facing immediate rejection, producing a long upper wick on both the 1H and 1D charts — a classic sign of buyers losing strength. Current candles show sellers stepping in quickly every time price attempts to reclaim higher levels, confirming fading momentum.
The structure is now shifting into a corrective phase: intraday highs are rolling over, and the impulsive move upward has clearly cooled. Volume tells the same story — the breakout candle was massive, but the following bars show a steady decrease in buying pressure and growing selling activity. The market is signaling that $LUNA needs a deeper reset before any sustainable trend can resume.
This makes a controlled short position favorable, targeting the zones where liquidity previously stacked.
Support Zones:
0.182 – 0.175 → First reaction zone
0.168 – 0.150 → Strong daily support cluster
Resistance Zones:
0.198 – 0.208 → Nearest intraday supply
0.220 – 0.245 → Major overhead resistance, rejected strongly
Pullback Zones Where Sellers Likely Re-enter:
If $LUNA attempts an upward bounce, these levels are likely selling zones:
0.198 – 0.208 → Most probable rejection zone
0.220 – 0.230 → Stronger supply zone
0.240 – 0.250 → Only retested with a major BTC-driven squeeze
Plan entries around these areas, avoid emotional chasing, and let the chart reset fully.
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