Price was squeezed into a triangle. It has now broken below the bottom support line, signaling a move down.
The Trend: The red line (Moving Average) is above the price, acting as a "ceiling" that keeps pushing it lower.
The Plan:
Entry: You are entering "Short" at $0.0594.
Stop Loss (Red): If it hits $0.0628, the trade failed; get out to protect your money.
Take Profit (Green): Your target is $0.0432, where you expect the price to land.
Bottom Line: You are betting the price will fall. The potential profit is much larger than the potential loss , which makes this a mathematically sound setup.
LUNA
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