$LUNA /USDT BULLISH SETUP: TECHNICAL ANALYSIS

$LUNA/USDT shows strong bullish momentum after a significant upward move of 34.43% in the last 24 hours. Price is consolidating near recent highs, suggesting continuation toward higher targets. Key support levels are holding, confirming buyer strength.

Entry: Long above 0.2479

Targets (TP): 0.2534, 0.2630, 0.2750

Stop Loss (SL): 0.2294

Technical Points:

Trend Analysis: Higher highs and higher lows indicate bullish continuation.

Support/Resistance: Strong support at 0.2202, immediate resistance at 0.2534.

Volume: Rising volume confirms momentum and buyer conviction.

Moving Averages: Price trading above key short-term MA signals trend strength.

RSI: Approaching overbought zone, watch for minor pullbacks for safer entry.

Risk Management: Keep risk below 2% per trade and adjust SL if price consolidates above entry zone.