📉 Technical Analysis – LUNA/USDT (1h)
Current Price: $0.1088 | 24h Change: -3.12%
⸻@Terra 🌍 Powered by LUNA #LUNA $LUNA
📈 Moving Averages:
• MA(7): $0.1089
• MA(25): $0.1102
• MA(99): $0.1171
The asset is below the moving averages, indicating a downward trend in the short term. The MA(99) remains a strong resistance.
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📊 Technical Indicators:
• RSI(6): 42.47
• RSI(12): 44.74
• RSI(24): 44.55
The relative strength indicators (RSI) show moderate selling pressure, still far from the oversold zone, suggesting room for further declines.
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📉 Volume:
The volume is at low levels, not indicating significant buying strength for a reversal at the moment.
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🔍 Supports and Resistances:
• Immediate Resistance: $0.1102 (MA25)
• Local Support: $0.1045 (recent low)
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📌 Technical Conclusion:
LUNA shows a bearish bias, with weakness in volumes and neutral-negative RSI. Recovery requires a breakout above the MA(25) with volume confirmation.
Trend: Down in the short term.
Recommendation: Wait for reversal confirmation before considering entry.
