$LUNA /USDT – Dead Cat Bounce or Breakdown Brewing?
$LUNA is showing weakness near the $0.1560 level, with wicks indicating strong rejection and declining bullish volume. With the overall downtrend intact, any bounce looks unsustainable. A break below $0.1550 could trigger accelerated downside.
Trade Setup (Short):
• Entry: 0.1558
• Take Profit 1: 0.1530
• Take Profit 2: 0.1500
• Stop Loss: 0.1580
Ideal setup for quick scalpers—tight SL and clean RR in play.
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