🔻 $1000LUNC /USDT – Bearish Reversal Setup Active
Price failed to break above resistance and is showing clear distribution + wick rejections.
A downside move is now highly probable.
📌 Short Entry Zone
0.06320 – 0.06360
🎯 Targets (TP)
TP1 → 0.05840
TP2 → 0.05385
TP3 → 0.03600 (major support sweep)
⛔ Stop-Loss (SL)
0.06880 (above liquidity + failed breakout zone)
Key Levels
Major Resistance: 0.06380 – 0.06500
Local Support: 0.05840
Main Breakdown Level: 0.05385
Final Target Zone: 0.03550 – 0.03600📊 Analysis
Market is rejecting the upper supply zone after a vertical spike.
Candles show exhaustion + multiple failed attempts to break higher.
Momentum turning bearish → correction wave expected.
Trend bias: Bearish
Signal type: Short Setup
Risk level: Medium
