Current price: $LUNA2 $0.17494
24h growth: +25%
RSI (14) on 1H – 76.82 → overbought zone
The volume over 24h increased by 4.2 times, with main activity on Binance
Technical picture:
After a long downtrend, LUNA2 confidently broke through the local resistance of $0.158–0.162 and has settled above. The price is now testing the zone of $0.175–0.178 – a former strong support level from 2023 that now acts as resistance. If volumes continue to grow, a quick jump to $0.21 and then $0.245 (the next major order block) is likely.
Fundamentally: Terra is actively developing the ecosystem (new staking pools + partnerships in DeFi), token burning is going according to plan. This provides a medium-term bullish driver.
Bullish scenario (main for the next 7–14 days)
• Entry: retest and rebound $LUNA2 from $0.168–0.170
• TP1: $0.195 (+15%)
• TP2: $0.215 (+26%)
• TP3: $0.245 (+44%)
• SL: $0.162 (–5% from entry
Risk per trade: 1–1.5% of the deposit
Bearish scenario (pullback after overbought)
• Entry in short: breakout and consolidation $LUNA2 below $0.165
• TP1: $0.152
• TP2: $0.138
• SL: $0.172 (4%)
Risk: no more than 1% of the deposit
Move SL to breakeven after +8–10% movement!
What do you think, will LUNA2 fly above $0.25 by the end of December or are we facing a deep correction? Write your goals in the comments ⬇️
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