Terra / Tether
Short

$LUNA - Time for a Pullback?

468
We have seen an absolute insane run from LUNA which I have created a post of going long around $56.
Since then, it has absolutely skyrocketed to unknown territory.
However, what comes up, must eventually comedown to a certain point.
I believe that LUNA is far too overextended at this point.
RSI is near all time highs from the last run.
I am looking for a bounce in the $75-$80 level near our previous all time high.
We had previously seen around a 85% run from around $40 to $70 before we had a pullback. We are now around 85% gain from $52 to $98. I believe we will see a pullback soon!
Let me know what you all think!
Note
For those interested, here was my previous idea on LUNA where I believed that we were due for a run!
$LUNA - Is it the time to Buy?
Note
Already down +10% since post!
Note
Took sum profits

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