$LUNA has printed an aggressive vertical move from the lows, followed by a sharp rejection from the top. After this kind of parabolic expansion, price is now struggling to maintain strength and is showing clear signs of exhaustion. The current structure reflects distribution, where buyers are losing control and sellers are gradually stepping in. Momentum has slowed, volatility has compressed, and the market is preparing for its next directional move — which statistically favors continuation to the downside after such a blow-off.
Price is currently trading below a major supply zone, where repeated rejections and long upper wicks indicate strong sell pressure. The inability to reclaim higher levels suggests that bulls are trapped near the top, while liquidity remains stacked below the current range. With volume cooling down after the spike, the probability of a corrective move increases.
Support and resistance are clearly defined.
On the upside, price is facing strong resistance around 0.175–0.182, which is acting as the first rejection zone. A higher resistance sits near 0.215–0.225, the area where the previous aggressive sell-off started. As long as price stays below these zones, upside potential remains limited.
On the downside, the first support lies around 0.145–0.150, which is the nearest demand zone and likely the first reaction area. If that level fails, the next major support is around 0.115–0.120, where deeper liquidity and stronger reactions are expected.
Overall structure, momentum behavior, and positioning all align toward a bearish continuation rather than a sustained recovery.
Short Trade Signal
Margin: isolated 2% to 5%
Leverage: 20x – 50x
Entry 1: 0.170
Entry 2: 0.180
Take Profits:
TP1: 0.150
TP2: 0.120
Or Take Profit from 100% to 500%
Stop Loss:
• 0.232
Short #LUNA Here 👇🏻👇🏻
