📉 Technical Analysis – LUNA/USDT (1h)

Current Price: $0.1323

24h Variation: -15.30%

24h High/Low: $0.1586 / $0.1267

@Terra 🌍 Powered by LUNA #LUNA $LUNA

🔍 Overview:

LUNA faced a significant drop in recent hours, accumulating a substantial depreciation of -15.30%. After hitting the bottom at $0.1267, it initiated a slight technical rebound, but still lacks clear reversal strength.

📊 Moving Averages:

• MA7: $0.1310

• MA25: $0.1391

• MA99: $0.1662

The price is below the MA25 and MA99, indicating a bearish trend in the medium term. The MA7, now below the price, may offer point support.

📈 RSI (Relative Strength Index):

• RSI(6): 47.39

• RSI(12): 38.09

• RSI(24): 35.98

RSI indicators are starting to rise after a period of overselling, suggesting relief in selling pressure, but still within a scenario of relative weakness.

📉 Volume:

There was a significant increase in volume in the recovery candle after the low, indicating possible buyer interest in the support region.

📌 Conclusion:

Despite the rebound, the overall trend of LUNA remains negative. Immediate resistance is in the region of $0.1367 to $0.1390. For a more solid reversal, the asset would need to break this range with volume. A loss of $0.1267 could open new space for decline.

LUNA
LUNA
0.1266
-4.81%