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$LUNA 1H: Breakout Above MA99 — Bulls Regaining Control?
⏰ Timeframe: 1H
📊 Market Bias: Bullish
$LUNA has reclaimed MA(7), MA(25), and MA(99) after bouncing from 0.0393. The latest candles show higher lows and a breakout above the short-term consolidation zone, signaling improving momentum.
🎯 Trade Setup
Trade: LONG
Entry Zone: 0.0415 – 0.0417
Stop Loss: 0.0407
TP1: 0.0422
TP2: 0.0429
TP3: 0.0436
Risk : Reward: ≈ 1:2.8
Trade Invalidation: A confirmed 1H close below 0.0407 invalidates the bullish setup.
📈 Technical Analysis
✅ Price Action: Strong bullish recovery from 0.0393 with consecutive higher lows.
✅ Market Structure: Early bullish shift after breaking the previous lower-high sequence.
✅ Support: 0.0410 – 0.0407
✅ Resistance: 0.0422, 0.0429, 0.0436
✅ EMA/MA: Price is trading above MA7, MA25, and MA99, indicating improving short-term trend strength.
✅ Volume: Buying volume has increased on the breakout. Continued volume expansion would strengthen the move.
✅ SMC: Buy-side liquidity is resting above 0.0422. A sweep of this level could accelerate bullish momentum.
✅ Order Block: Bullish demand zone sits around 0.0408 – 0.0410.
✅ FVG: Minor imbalance below current price could be retested before continuation.
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