$LUNA is basically oscillating around 0.18.

From a technical perspective, MA5, MA10, and MA20 are all in a bearish arrangement. The price is below these moving averages, indicating significant short-term pressure. MACD has crossed below the zero line, with a relatively clear bearish signal in the medium term.

However, there are some positive signals as well. A hammer candlestick and a bullish bottom pattern have appeared, and RSI has formed a double around 50. These may indicate that a short-term stabilization is forthcoming.

Nonetheless, trading volume has shrunk significantly. Compared to earlier periods, it is only at 25% of normal levels, with the 10-day average volume dropping by 26.64%. A rebound without volume is generally unsustainable.

The price has been running along the lower Bollinger Band, indicating that the trend is still weak. Today, a bearish three soldiers pattern also emerged, which is a strong bearish signal.

Overall, LUNA may show signs of short-term stabilization, but it lacks accompanying trading volume. It is advisable to remain cautious; if you decide to participate, set a proper stop-loss. 0.16 is the previous low, and if it breaks, it may continue to decline.