1000LUNC yesterday experienced a 26% increase, and after reaching a high point, it did not make a new high. It started to weaken in the evening, and although it rebounded briefly this morning, the upward momentum has clearly diminished. Now it has turned downward, and the decline has just begun.



From the candlestick pattern, this upward move has already confirmed the high point. The rebound did not reach the previous rally's height, indicating that the bulls are losing momentum. The support levels below are gradually breaking, and the control of the bears is steadily strengthening.

In the short term, there are opportunities for short positions. When entering, pay attention to risk levels, and place stop-loss orders above the previous rebound high. The target of this decline will depend on whether there is significant support below to determine.
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SchrodingersFOMOvip
· 1h ago
26% gone in an instant, this is the crypto world—happiness comes quickly and goes just as fast. The short squeeze continued, and the rebound was not strong enough to hide the signs. It's time to clear out positions that need to be sold. Shorting requires stability; set your stop-loss properly and don't be greedy. If the level breaks, just run. I don't know how low this drop will go; without clear support, it's a bit risky. Anyway, I reduced my positions whenever I saw a rebound to avoid getting trapped.
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BearWhisperGodvip
· 1h ago
A 26% increase was gone in a flash, this is the crypto world—rising fast, falling just as quickly. --- The rebound didn't reach enough height... the bulls are out of steam, I've seen this pattern too many times. --- The bears are sharpening their knives, preparing for the next wave. Let's see if the support levels can hold. --- There are indeed opportunities to short, just worry about setting stop-losses incorrectly and getting chopped. --- It feels like this drop will break through a few more levels; it's hard to say where the bottom is. --- Again, those who bought at the high are getting caught, really exhausting. --- Support levels below are breaking one after another, bears are getting fiercer, stay alert.
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OnchainSnipervip
· 1h ago
A 26% increase so quickly has already peaked? I knew it would be like this, those chasing the high are bound to get trapped --- The rebound height is insufficient, this signal is too obvious, the bears are coming --- It's the same old story, support levels are breaking one by one, it's really hard to watch --- Shorting is fine, but watch your stop-loss. It's still uncertain how far this decline will go --- A typical false rebound, the bulls really have no strength left --- Let's wait and see what support levels are below, then consider whether to enter the market --- A 26% increase like this has never ended well, now it's starting to correct --- The rebound strength is so weak, it's indeed time for a correction
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CryptoFortuneTellervip
· 1h ago
Same old story, it rises 26% and starts to boast, now that it's about to fall, it comes back to teach people how to short. Typical armchair strategist.
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0xOverleveragedvip
· 2h ago
A 26% increase was gone in a day, this is the lesson LUNC has taught you. The bears are coming, brothers. --- The rebound wasn't enough... the bulls are really about to collapse, I think this drop will be quite fierce. --- Going short again? My account balance objects. --- Support levels are breaking one after another, I’m very familiar with this kind of trend, it’s the kind that loses money. --- Is that all for a 26% increase? Should have run earlier. --- The candlestick pattern is so obvious, if there's no support below, it's game over. --- Stop-loss above the high? Again, getting cut. --- This LUNC behavior, I don't even dare to chase high now. --- The bulls are running out of steam, to put it nicely, but actually, no one is taking over the position. --- I think I’ll skip this short opportunity... no bullets left in my hand.
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