$LUNA
Here is the technical analysis for LUNA 2.0 (Terra 2):
Daily Chart
Current Price: ~$0.40 USDT.
Trend: The daily chart shows bearish momentum, with the price down ~1.5% in the last 24 hours. Recent price action indicates continued resistance around $0.42-$0.43 USDT and support near $0.38.
Indicators: Oscillators are neutral, while moving averages suggest a sell signal.
Weekly Chart
Performance: LUNA gained ~5.6% in the past week but has seen significant volatility.
Trend: The chart reveals a small recovery phase but remains below key moving averages, reflecting weak overall sentiment. A breakout above $0.45 could suggest bullish momentum.
Monthly Chart
Performance: LUNA is up ~7% month-to-date but down significantly compared to previous months. The monthly resistance levels are at $0.50, with support near $0.35.
Long-Term View: The overall trend is bearish on the monthly timeframe, with no clear reversal signals.
Summary
The token shows neutral-to-bearish signals across daily, weekly, and monthly charts. The lack of strong upward momentum and a bearish macro environment in the crypto space further weigh on its price performance. It is advised to monitor key support ($0.38-$0.35) and resistance ($0.43-$0.50) levels before taking positions.