$LUNA – The Breakout Momentum Is Back

The $LUNA trade setup is live. Price made a breakout candle after a while of consolidation in the $0.041-$0.043 range and now sits at around $0.049.

Trade Setup: Long

Buy Entry: $0.04898
Stop Loss: $0.04620
Take Profit 1: $0.05250
Take Profit 2: $0.05500
Take Profit 3: $0.06000

This all comes down to a breakout hold play. As long as the $LUNA can maintain its regained range, there is still an opportunity to make a move towards the new resistances. Do not chase during increased volatility.

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