$LUNA /USDT – Short Trade Setup (15m)
Market Structure:
LUNA is trading in a clear intraday downtrend, printing lower highs and lower lows. Recent bullish attempts were weak and got absorbed quickly, indicating seller dominance. Price is currently hovering near minor support after a sharp bearish impulse.
Bias: Bearish continuation
Key Resistance Zone (Sell Area):
0.1625 – 0.1660
This zone aligns with prior breakdown support + lower high formation. Any pullback into this area is likely to face rejection.
Short Entry:
Aggressive: Around 0.1605 – 0.1620 on weak bounce
Safer: 0.1630 – 0.1660 after rejection / bearish candle confirmation
Targets:
TP1: 0.1575
TP2: 0.1540
TP3: 0.1505
Stop Loss:
0.1685 (Above last lower high & resistance)
Confirmation Checklist:
Rejection wicks near resistance
Bearish engulfing / strong red close on 15m
Volume spike on red candles
Invalidation:
Sustained 15m close above 0.1685 → bearish setup fails
Conclusion:
As long as price stays below the 0.166–0.168 resistance, short positions are favored. Trade pullbacks, not breakdowns. Patience = better R:R.
