LUNA2 experienced a sharp decline, followed by a weak oscillation in the low range. From a technical perspective, the RSI has entered the oversold zone, which usually indicates a potential technical rebound. But here’s a wake-up call: don’t be fooled by the rebound. Every false rally is a trap, and the bearish forces still dominate, with the trend remaining unfavorable for us. Currently, the real rebound opportunity has not yet arrived, so be cautious of any illusionary upward signals. At present, downward pressure continues to persist, and the market remains weak.
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WalletDetective
· 17h ago
Thinking of buying the dip when RSI is oversold? Don't be silly, LUNA2 still has more to fall in this wave.
Fake rebounds are obvious to everyone; the key is that the bears haven't finished their harvest yet. Just wait and see.
Rebound traps one after another, I won't touch it anymore. I'll wait for real bottom signals to appear.
This kind of market is just wearing down people's willpower. With such strong downward pressure, those trying to buy the dip are just leeks.
Don't trust technical indicators anymore. LUNA2 is currently weakening, and as long as the trend hasn't reversed, just watch the show honestly.
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StakoorNeverSleeps
· 17h ago
Thinking of a turnaround when RSI is oversold? Dream on. This rebound is probably just another trap to catch people.
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gm_or_ngmi
· 17h ago
You guys are playing the rebound, but I still remain bearish.
The bears haven't exited yet, don't celebrate too early.
RSI oversold? Haha, just a trick.
Traps everywhere, rebounds are just illusions.
This wave still needs to continue falling, we're in trouble.
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StopLossMaster
· 17h ago
Here comes the LUNA story again, every rebound is a trap.
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ProtocolRebel
· 17h ago
It's the same old argument about oversold rebounds, and I really think this time it's truly risky.
Thinking of bottoming out just because RSI is oversold? Wake up, the LUNA pit is too deep.
The bears are still eating, don't think about running away.
A rebound is a rebound, but not the kind of rebound you think.
After this drop, no one knows where the real bottom is, so what's there to be cautious about? Just lie flat.
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ColdWalletGuardian
· 17h ago
Is it the same old story again, saying that oversold rebounds are traps? So when is the real opportunity?
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RSI oversold and still saying don't chase, this logic is really clever haha
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Wait, you said the same thing last time, and what was the result...
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The market has been weak for so long, it should have rebounded by now, I don't understand
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Don't be fooled, but don't be scared either, this is the truth
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Fake rise and fake fall, what is really true?
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Every time they say it's a trap, but after a while, traps are no longer traps
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This wave is indeed a bit intimidating, but no one can predict the bottom at any moment
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Caution is right, but over-caution can also cause missed opportunities
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Always shouting that bears are dominant, but look at how the positions are reducing, haha
LUNA2 experienced a sharp decline, followed by a weak oscillation in the low range. From a technical perspective, the RSI has entered the oversold zone, which usually indicates a potential technical rebound. But here’s a wake-up call: don’t be fooled by the rebound. Every false rally is a trap, and the bearish forces still dominate, with the trend remaining unfavorable for us. Currently, the real rebound opportunity has not yet arrived, so be cautious of any illusionary upward signals. At present, downward pressure continues to persist, and the market remains weak.