$LUNA /USDT – TESTING INTRADAY RESISTANCE
$LUNA bounced from 0.1543 and is now trading at 0.1572, just below the intraday resistance of 0.1574. Buyers are attempting to reclaim momentum, but a clean breakout with volume is needed to confirm further upside.
Trade Setup (Long Opportunity):
Entry Zone: 0.1560 – 0.1575
Take Profit 1: 0.1600
Take Profit 2: 0.1640
Stop Loss: 0.1535
Market Outlook:
Momentum is showing signs of recovery, but the trend remains fragile after prolonged downside across higher timeframes. A breakout over 0.1575 could trigger a short rally, while rejection may send price back toward 0.1540 support.