LUNA/USDT — Quick Market Insight (1H Chart)
$LUNA has shown a sharp recovery in the last few hours, bouncing from the 0.0983 low and reaching a 24h high of 0.1537, marking a strong +43% surge. The breakout candle from the consolidation zone triggered heavy momentum, followed by healthy pullbacks and renewed buying pressure.
Currently trading around 0.1469, LUNA is forming higher lows, suggesting that buyers still control the short-term trend. However, repeated rejection near 0.1530–0.1550 indicates a developing resistance zone.
Key Levels to Watch:
Resistance: 0.1530 – 0.1550
Support: 0.1320 and 0.1190
Trend: Short-term bullish as long as price stays above 0.1320
With rising volume and steady volatility, LUNA may attempt another retest of the resistance area. A clean breakout above 0.1550 could open the door to further upside, while a drop below 0.1320 may signal weakening momentum.
Not financial advice. Always do your own research.