$LUNA is at a critical position, the next step is very important
Just pulled up +10%, but the short-term has started to hesitate.
Let me briefly share my view.
Technical Analysis
On the 15m chart, the price rose from 0.175 all the way up to above 0.20 and then fell back.
It is now oscillating around the middle Bollinger band, and momentum has clearly slowed down.
MACD is still below the zero axis, indicating that the bulls need a little time.
My Thinking (oscillation bias towards bullish)
As long as it does not break below the support, I am more inclined to buy on dips for a rebound.
Buying Range
0.184 – 0.186
Target Levels
TP1: 0.193
TP2: 0.200
TP3: 0.205
Stop Loss
Below 0.179
Why might it move?
1️⃣ Normal pullback after the previous surge, with funds waiting at low levels
2️⃣ Clear support at the lower Bollinger band on the 15m, short-term selling pressure is weakening
Do you think $LUNA can still touch 0.20 again?
Or will it wash out first?
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