Let me preface that this trade is very risky and not likely to hit it's target. Risk=reward. You can potentially 126x your entry amount, so compare it with a lottery ticket.
LUNA has broken out of a 1.5 year bearish channel pattern, which dominated the trend after the collapse back in May of 2022.
This trade is based on the idea that LUNA will, miraculously, go back to it's former highs by the power of short-squeezes and memes.
Wait for the price to reach above 1.3$ to confirm a longer-term trend shift. Stop below the recent swing-low.
LUNA has broken out of a 1.5 year bearish channel pattern, which dominated the trend after the collapse back in May of 2022.
This trade is based on the idea that LUNA will, miraculously, go back to it's former highs by the power of short-squeezes and memes.
Wait for the price to reach above 1.3$ to confirm a longer-term trend shift. Stop below the recent swing-low.
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