$LUNA /USDT – Bearish Move Likely After Local Top Rejection (15M)
Market Structure & Context:
On the 15-minute timeframe, LUNA/USDT shows a clear shift from bullish momentum to bearish structure. After forming a local top near the 0.20–0.205 resistance zone, price failed to hold higher levels and started printing lower highs and lower lows. The recent consolidation has resolved to the downside, indicating seller control and continuation risk.
Trade Setup (Bearish Bias)
Entry Range:
0.183 – 0.190 (sell on pullback / rejection)
Targets:
Target 1: 0.175
Target 2: 0.168
Target 3: 0.160
Stop Loss (SL):
0.198 (above recent lower high & resistance)
Short Outlook:
As long as price remains below the 0.19–0.195 supply zone, downside pressure is expected to continue. Bulls need a strong reclaim above 0.198–0.20 to negate this bearish setup. Until then, rallies are likely to be selling opportunities, with liquidity resting below the 0.175 and 0.168 levels.
