I'm tracking Luna Classic's consolidation between 7,000 (support) and 9,500 (resistance). Momentum is building for a potential breakout above 9,500, but low volume raises concerns of a fakeout. A successful breakout presents a buying opportunity with a favorable risk-reward ratio. However, I'm cautious of a fakeout, which could pull prices back into the consolidation range. Key levels to watch include 9,500 (resistance) and 7,000 (support), with a minimum volume of 40 million needed to validate a sustainable breakout.

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