$LUNA / USDT (Binance) — 1H Long Continuation Setup
Market Bias:
Bullish continuation originating from a well-defined demand zone.
Execution Zone:
• Buy Range: 0.178 – 0.182
Price is consolidating above support, favoring continuation rather than rejection.
Profit Objectives:
• TP1: 0.195
• TP2: 0.205
• TP3: 0.220
Risk Parameters:
• Stop Loss: 0.174
A break below this level invalidates the demand-based structure.
Key Technical Levels:
• Support: 0.175 – 0.178
• Intermediate Resistance: 0.195 – 0.200
• Major Supply Zone: 0.220 – 0.240
Technical Read:
Price action continues to hold above local support while forming a higher-low structure on the 1H timeframe. Upside liquidity remains stacked above 0.20 and 0.22, supporting the bullish continuation thesis as long as 0.175 holds.
Trade Management:
Take partial profits at each target and trail the stop to breakeven once TP1 is secured.