$LUNA $LUNA

馃毃 LUNA/USDT Analysis: Navigating the Storm 馃毃

LUNA is currently trading at $0.4403, down -11.55% in the last 24 hours, reflecting strong bearish momentum. The price recently hit a 24-hour low of $0.4275, making it a key support level to watch. If this support breaks, the downtrend could accelerate, but a bounce here may spark a recovery rally. On the upside, $0.4882 serves as immediate resistance, followed by the 24-hour high of $0.5656, which bulls must reclaim to regain control.

馃搳 Entry Strategy:

For Buyers: Look for signs of reversal near $0.4275, such as a bullish candlestick or oversold RSI. Target $0.4882 and $0.5656, but set tight stop-losses below support.

For Sellers: If $0.4275 breaks, consider shorting with a target around lower levels, ensuring to secure profits if momentum fades.

馃挕 With 7-day and 30-day gains of over 22%, LUNA shows potential, but the long-term trend remains bearish. Use proper risk management and stay sharp in this volatile market! 馃殌

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