šØ $LUNA2 : Severe Downtrend - Short Setup for Free Fall Momentum! š
**Plan trade:** Short š“
**Entry Zone:** 0.114 - 0.118
**Take Profit (TP):**
šÆ TP1: 0.107
šÆ TP2: 0.104
šÆ TP3: 0.101
**Stop Loss (SL):** 0.122
(LUNA2USDT)
š„ **Technical Analysis:**
On the H4 and H1 charts, $LUNA2 is in a steep downtrend.
Price experienced a strong rejection from its recent peak.
It is consistently trading near the lower EMA bands, showing no significant signs of recovery.
RSI on smaller timeframes (15m, H1) is deeply oversold.
However, the downward momentum remains intense, indicating strong seller control.
A minor bounce to the Entry zone presents a prime trend-following Short opportunity.
