🚀$LUNA2 EXPLODES +58% – The Sleeping Giant Wakes Up!
$LUNA2 just printed a massive god-candle, shattering resistance and defying recent market sentiment! 🐂📈
🔎 Technical Deep Dive (1H Chart):
Price Action: After consolidating near $0.07, LUNA2 has vertically launched to $0.1149, marking a massive +58.90% gain in 24 hours.
Volume Surge: Look at those volume bars! 📊 The buying pressure is enormous (251M USDT volume), indicating this isn't just retail FOMO—whales or a massive short squeeze are likely at play.
RSI Warning: The RSI(6) is screaming at 88.39. We are in extreme overbought territory.
Bull Case: In a strong parabolic run, RSI can stay overbought for longer than you think. Momentum is king right now.
Bear Case: A cooldown or pullback to retest the 0.095 breakout zone is healthy and possible.
💡 What's Driving This?
The move happened swiftly, leaving "sell signals" from earlier today in the dust. This looks like a classic Short Squeeze causing a cascade of liquidations.
⚠️ Trader’s Note:
Volatility is peaking. If you entered early, consider securing some profits. If you are looking to enter, beware of chasing green candles—wait for a retest!
👇 Your Move:
Are we seeing a true reversal for the Terra ecosystem, or is this a bull trap?
👍 Bullish: Next stop $0.15!
👎 Bearish: Shorting the top!
Disclaimer: Not financial advice. DYOR.
