$LUNA /USDT is trading at 0.5479 on the 15-minute chart, reflecting a massive 50.03% surge in the last 24 hours.
After hitting a high of 0.5591, the bullish momentum continues to dominate, presenting an excellent short-term opportunity. Immediate resistance lies at 0.5600, while support is established at 0.5000.
A potential entry at the current price of 0.5479 offers an opportunity to target gains at 0.5550 (TP1), 0.5700 (TP2), and 0.5850 (TP3). To mitigate risk, a stop-loss should be placed at 0.4900.
With the RSI nearing overbought levels, traders should stay alert for potential retracements or consolidation before further upward moves. This setup captures the ongoing momentum while emphasizing careful risk management.