Will Luna break through the bottleneck and regain its glory?

Night market analysis: tangle of directions

1. Support and resistance levels:

Luna currently has obvious support around $0.48, which is an important battlefield for long and short funds to compete repeatedly. If it holds, the market is expected to usher in a slight rebound, with the target reaching $0.52, and even challenging the strong pressure area of ​​$0.55; otherwise, it may slide directly to $0.45 after falling below.

2. Contradictions in technical signals:

• RSI: Neutral to strong, hovering between 50-60, as bulls try to make a comeback.

• MACD: A golden cross appears in the short-term signal, but it needs to be confirmed by heavy volume. There is no obvious sign of amplification in current trading volume.

• Sentiment: Investors are paying significantly less attention to Luna, but this silence may be gathering strength for subsequent volatility.

Short-term T strategy: riding the wave of emotions

1. Opportunities to buy low:

• Buying Zone: Keep an eye out for signs of a bullish rebound as the price approaches $0.48. Buying low requires patience and waiting for a sudden recovery in market sentiment.

• Observe signals: A rebound in trading volume or a continuous lower shadow line means that the market has funds to start deploying.

2. High selling strategy:

• If the price rebounds close to US$0.52, you should decisively take profits in batches and don't be greedy. This area is a strong resistance that has been tested repeatedly but failed.

• After breaking through $0.52, you can chase the rise with a short position and see it reach $0.55.

3. Risk control and position management:

• Stop loss point: Set below $0.48 to strictly control risk.

• Position allocation: It should not be too heavy. It is recommended to control the position in a single operation at 20%-30%.

Why is it worth trying?

Luna, once a star and now a wanderer, has bounced back every time like an attempt to prove she can still be rejuvenated. And you, as a short-term hunter, can just take advantage of the market's hesitation and find profits in the "buy low-sell high" shock.

But don’t forget, emotions are a double-edged sword. If there is sudden news in the market or changes in mainstream currencies such as BTC and ETH, Luna's trend will quickly follow. Therefore, it is not only necessary to understand the charts, but also to understand the psychology of the market.

Use short-term strategies and seize those fleeting opportunities. Maybe you can find your own battlefield amidst Luna's ups and downs.$$LUNA