đ Technical Analysis: Terra ( $LUNA )
The LUNA chart shows a clear, smooth downtrend.
đĄ The movement is consistent, without sharp reversals exactly the kind of trend that gives traders solid opportunities to work with.
How to tradeâ
đŹ Primary scenario with the trend: Open a short position when the nearest low is broken and the candle closes below it. Place the stop-loss behind the nearest local high.
đŹ Take profit before the next support level below. The risk/reward ratio looks attractive.
đŹ Alternative scenario reversal play: If the downtrend begins to break, open a buy on a breakout of the resistance level. Stop behind the nearest extreme.
đŹ Profit before the nearest level above. The risk/reward ratio here also looks workable.
Conclusion:
LUNA offers two clear trading scenarios at well-defined levels. Choose based on the situation, and calculate your risks in advance.
đ Open trade with $LUNA
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