$LUNA/USD Market Update: Testing Stability at $0.5135

Current Price: $0.5135

24H Change: -1.8%

LUNA/USD has been consolidating near the $0.50 mark, showing signs of indecision in the market. A breakout from this range could dictate the next trend direction.

Key Levels to Watch

Resistance:

$0.5250 – Immediate resistance; a breakout here could push toward $0.5500.

$0.5800 – Major resistance level; strong momentum is needed to reclaim this zone.

Support:

$0.5000 – Key psychological level; breaking below could lead to further downside.

$0.4750 – Strong support zone; critical for maintaining bullish structure.

Trade Setup

Bullish Scenario: A close above $0.5250 could lead to targets at $0.5500 and beyond.

Bearish Scenario: Failure to hold $0.5000 may result in a dip toward $0.4750 or lower.

LUNA is in a pivotal position. Traders should wait for clear confirmation before entering positions, as volume remains low.

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