📉 Technical Analysis – LUNA/USDT (1h Chart)
Current Price: $0.1215
24h Variation: -7.32%
24h High/Low: $0.1343 / $0.1202
🔎 Technical Summary:
The asset LUNA/USDT is in a strong downtrend in the short term, with a sequence of descending candles, accompanied by low volatility and a lack of buying pressure. The current setup reflects structural fragility, with moving averages and the RSI confirming exhaustion and the risk of new lows.
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📊 Moving Averages (MA):
• MA7: $0.1230
• MA25: $0.1276
• MA99: $0.1525
All three moving averages are aligned downward, with the price below all of them, confirming the persistent negative trend. The MA7 is acting as immediate dynamic resistance, preventing short-term recovery.
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💡 RSI Indicators:
• RSI(6): 21.87 – Extremely oversold
• RSI(12): 28.59 – Also oversold
• RSI(24): 32.24 – Very close to the oversold limit
The RSI suggests that the asset is extremely stretched for sale, and there may be some technical relief, but this does not guarantee a trend reversal, only a possible breather.
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📉 Volume:
• Daily volume declining.
• Isolated peak on 12/16, but without buyer continuity.
• Absence of significant buying pressure.
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🧭 Technical Interpretation:
• Current trend: Strongly bearish
• Immediate support: $0.1202 (recent low)
• Immediate resistance: $0.1230 (MA7) and $0.1276 (MA25)
• Volume: Weakened
• RSI: Extremely oversold
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📌 Conclusion and Suggested Strategy:
• Dominant scenario: Consolidated decline, with no sign of reversal.
• Buyer entry: Risky at this moment. Only valid for technical scalping with a short target and stop adjusted below $0.1200.
• Seller entry: Wait for a pullback to MA7 or MA25 for positioning with a better risk-return ratio.
📍 Wait for confirmation of a reversal candle and a resumption of buying volume.
