🔴 $1000LUNC /USDT – Long Liquidation Signals Bearish Momentum
$1000LUNC recorded a $2.4316K long liquidation at $0.05081 on Binance, showing that leveraged long positions were forced to close as the price moved lower. This reflects short-term selling pressure, with bears maintaining control.
Entry Zone: $0.0503–$0.0510
Downside Target: $0.0485
Stop-Loss: $0.0522
Bias: Bearish
Watch for a strong reaction at support levels. A recovery is more likely if buying volume increases and price reclaims key resistance.
#1000LUNC #crypto #Binance
$1000LUNC recorded a $2.4316K long liquidation at $0.05081 on Binance, showing that leveraged long positions were forced to close as the price moved lower. This reflects short-term selling pressure, with bears maintaining control.
Entry Zone: $0.0503–$0.0510
Downside Target: $0.0485
Stop-Loss: $0.0522
Bias: Bearish
Watch for a strong reaction at support levels. A recovery is more likely if buying volume increases and price reclaims key resistance.
#1000LUNC #crypto #Binance