🚨 $LUNA Volatility Spike Alert: Recovery or Trap? 🚨
$LUNA is currently flashing a high-conviction momentum shift, up +4.06% as it tests the critical $0.0683 resistance zone. This move comes after a solid bounce off the $0.0622 local support floor, which bulls have successfully defended.
📊 Technical Insights:
Timeframe: 4-Hour (4H)
MACD: Flipped Bullish 🟢 (Signaling an immediate attempt to reclaim the $0.0700 psychological level).
Market Structure: High alert! If bulls fail to flip $0.0687 into support, this could remain a "dead cat bounce" prone to a swift retrace. 📉
⚡ Trade Setup (LUNA/USDT) ⚡
🎯 Entry Zone: $0.0655 – $0.0668
🚀 Take Profit 1: $0.0687 (Immediate Resistance)
🚀 Take Profit 2: $0.0762 (38.2% Fibonacci Retracement)
🚀 Take Profit 3: $0.0895 (Moon Target)
🛡️ Stop Loss: Below $0.0619 (Break of Structure)
Trade Smart. Manage your risk. 👇 Buy and trade $LUNA here!
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