$1000LUNC Long Liquidation: $1.1358K at $0.03939
Long traders were caught as 1000LUNC failed to hold the intraday support zone and rolled over with increasing sell pressure. Buyers expected a bounce, but momentum weakened quickly, triggering stop losses and forcing longs to exit. Liquidity below the range was taken cleanly, shifting short-term control back to sellers.
Entry (EP): $0.03980
Take Profit (TP): $0.03690
Stop Loss (SL): $0.04120
Market Outlook:
$1000LUNC is under short-term bearish pressure after losing the liquidation level. If price stays below the $0.0394 area, further downside or sideways consolidation is likely. Bulls will need a strong reclaim with volume to regain momentum. Trade patiently and manage risk with strict discipline.
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