$LUNA Title: Terra (LUNA): A Bullish W Pattern Signals a Double-Bottom Reversal and Trend Shift
Paragraph: Terra's LUNA token is completing a significant bullish W pattern—a double-bottom reversal—suggesting that the market has firmly rejected lower prices and is now establishing a strong foundation for a potential new uptrend. This technical formation, marked by two distinct lows at a key support level followed by a push above the intermediate peak’s resistance, indicates that selling pressure has been exhausted and accumulation is underway. For LUNA, this pattern aligns with measurable progress in its rebuilt ecosystem; despite its challenging history, new protocols, developer activity, and a focus on sustainable, non-algorithmic DeFi applications are slowly restoring cautious optimism. A decisive breakout above the W pattern’s neckline would confirm the reversal, projecting a measured move upward as LUNA transitions from being viewed solely through the lens of its past collapse to being reevaluated as a re-emerging Layer 1 with a leaner, utility-focused future.$PIPPIN $POWER
