Everyone please take a moment to pay attention here. A strong reversal for $LUNA has formed and followed this recent correction due to buyers coming back in. The momentum of $LUNA continues to rebuild itself as it breaks out above the previously respected support levels. Price action is beginning to create higher highs and lower lows, which shows that bulls are taking back control of this particular market. Moving forward, the way LUNA looks from a price structure standpoint suggests a good opportunity for continued bullish action as long as the momentum does not shift.
Long Trade Setup:
Buy Zone = 0.198 - 0.205
Profit Targets:
TP1 = 0.239
TP2 = 0.272
Stop Loss = 0.185
It's important to manage your individual risk and not over-leverage yourself with any position.
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