$1000LUNC short
Trading Plan Short $1000LUNC
Entry: 0.0768-0.0808
SL: 0.0850
TP: 0.0730
TP: 0.0680
TP: 0.0630
The recent push higher looks increasingly overextended, with continuation slowing as price trades deeper into supply. Buyers appear to be losing momentum near the highs while seller pressure gradually builds overhead. If this zone continues to hold, rejection could develop into a broader downside rotation.
Trading Plan Short $1000LUNC
Entry: 0.0768-0.0808
SL: 0.0850
TP: 0.0730
TP: 0.0680
TP: 0.0630
The recent push higher looks increasingly overextended, with continuation slowing as price trades deeper into supply. Buyers appear to be losing momentum near the highs while seller pressure gradually builds overhead. If this zone continues to hold, rejection could develop into a broader downside rotation.