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Most people are going to get trapped right here.
$LUNC just put in a nasty rejection at the 0.000077 level. That long wick at the top is a clear sign that the big players are taking profits and leaving retail holding the bag.
We are currently sitting at 0.000070. If this level doesn't hold as support, the next stop is likely down around 0.000061 where the previous breakout started. The volume is fading on this red candle too.
I’m staying on the sidelines for a bit. Don't let the green candles from last week blind you to what the chart is doing right now.
Patience is the only thing that pays today.
#BitcoinETFOptionLimitQuadruples