The recent pullback in $LUNA2 is a healthy correction after the recent bullish move. Corrections like this allow the market to absorb gains, shake out weak hands, and set up for a stronger continuation. I’m watching this zone closely because it could act as a foundation for renewed upward momentum.
Trade Setup:
Entry Zone: $0.1255 – $0.1275
Target 1: $0.132
Target 2: $0.138
Stop Loss: $0.123
This area is strong because it coincides with previous support and the 0.5 Fibonacci retracement of the last swing high. Price has reacted here multiple times in the past, making it a key reaction zone. If this level holds, $LUNA2 could see a solid rebound as buyers step back in.
I’m watching how the market responds — they’re building strength, and if this zone maintains support, the trade could easily reach Target 2.
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LUNA2USDT
Perp
0.12712
-19.25%
