📉 1000LUNC Short Setup in Focus 🔻
Trading Plan:
Bias: Short
Entry: 0.0540 - 0.0575
SL: 0.0620
TP1–TP3: 0.0500 / 0.0450 / 0.0400
Technical Analysis:
The asset is exhibiting a bearish trend on the 4-hour timeframe following a rejection from the 0.068 resistance level. The price has broken below the EMA(25), which previously acted as dynamic support and is now potential resistance. Confirmation for this bearish bias is provided by the MACD, which shows a bearish crossover with a negative histogram, and the RSI, which is trending below the 50 midline, indicating increasing downward momentum.
Invalidation:
Only a break above 0.0620 would invalidate this short-term bearish setup.
1000LUNCUSDT
Perp
0.05307
-16.05%
4USDT
Perp
0.02612
+1.51%
FHEUSDT
Perp
0.04842
-19.46%