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COIN NAME : #Luna/usdt

SHORT POSITION🚀🚀

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On the 2-hour chart for LUNA, a rising wedge pattern had formed. This pattern, typically considered bearish, indicated a potential reversal in the price direction. Eventually, the support line of the rising wedge was breached, confirming the bearish outlook. Therefore, the reason for my bearish stance on LUNA is based on the formation and subsequent breakout of this rising wedge pattern.

Entry price - 0.5331

1st tp- 0.5198

2nd tp- 0.5124

3rd tp- 0.4962

leverage 10x

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