$LUNA2 USDT Perp Market Overview
LUNA2 is trading at 0.06782 after a high-velocity impulse that drove price into the 0.07119 peak. The breakout candle showed aggressive buyer dominance, clearing range resistance in one expansion leg. Following the spike, price entered a controlled retracement phase — not a collapse, but a structural cooldown.
Current price action is forming higher lows above the 0.06600 support band, signaling dip absorption. The market is transitioning from post-impulse correction into potential continuation buildup. Volume surged on the breakout and is now tapering — typical behavior before the next volatility cycle.
As long as LUNA2 holds above 0.06550, bullish structure remains intact with probability favoring a retest of the highs.
Trade Plan
EP: 0.06700 – 0.06780
TP: 0.06980 – 0.07150
SL: 0.06490
Momentum Trigger: Break and hourly close above 0.07000 opens continuation toward the 0.07150–0.07300 liquidity zone.
Risk Factor: Loss of 0.06550 support weakens structure and exposes price back toward 0.06400 demand.
Professional Outlook: Impulse followed by shallow retracement signals strength. If buyers maintain higher-low formations, LUNA2 is positioned for another expansion leg toward fresh range highs.
