/USDT Technical AnalysisThe recent surge in LUNA/USDT, currently trading at $0.4900, has opened up opportunities for traders. Let’s explore the technical outlook and identify three key target levels to watch.Current Market OverviewPrice: $0.490024h High: $0.509724h Low: $0.4043Volume: 87.42M LUNAKey Technical Levels 🎯1. First Target: $0.5166This level aligns with recent resistance. A successful break above this point could signal further bullish momentum and attract buyers looking to capitalize on upward movement.2. Second Target: $0.5400A psychological resistance point, this target also coincides with historical highs. If LUNA can maintain upward pressure, it may reach this level, offering traders a chance for profitable exits.3. Third Target: $0.5700This target is based on the Fibonacci retracement levels and represents a significant resistance area. Hitting this level may require sustained buying interest, but it could mark a new phase of price discovery for LUNA.Technical IndicatorsMA(7): 0.4101MA(25): 0.3961RSI: Currently showing bullish momentum.ConclusionAs LUNA continues to gain traction, these target levels will be crucial for traders to monitor. Stay updated with market movements and adjust your strategies accordingly!
