$LUNA is showing early signs of weakness and potential downside continuation.
After a short-lived bounce, price action is starting to lose momentum, with buyers failing to push above key resistance levels. On lower timeframes, the structure is shifting toward lower highs, while selling pressure is gradually increasing on each attempt to move up.
As long as LUNA remains below its near-term resistance and fails to reclaim key support, the bias leans slightly bearish, with the risk of further decline still present. Caution is advised until stronger demand or a clear reversal signal appears.
LUNA
0.1235
-5.29%