Terra (Luna). The price tried to close above the trend line . But after a false breakout it fell by 12%. What’s next?

The key level is $100, where lots of retail traders set their stop-losses. The test of the lower trend line and $100 is a great opportunity for WHALES to collect liquidity for their long positions.

If we want to open a LONG position, there should be a false-breakout of the lower trendline and volume growth!

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P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.