$LUNA2 Long Liquidation: $1.0456K at $0.1033
Late long positions were flushed as LUNA2 failed to hold above the $0.1033 level, triggering stop losses clustered below short-term support. The move unfolded quickly, indicating weak bid depth and a lack of follow-through from buyers attempting to defend the range.
Entry (EP): $0.1028
Take Profit (TP): $0.0976
Stop Loss (SL): $0.1054
Market Outlook:
$LUNA2 remains structurally fragile after losing local support, with downside liquidity still attractive if price fails to reclaim the liquidation zone. Any bounce into prior resistance may face selling pressure unless volume and acceptance improve. Caution is warranted momentum currently favors sellers, and patience is essential around these levels.
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