$LUNA $SOL $CHZ There are difficult times for LUNA, SOL and CHZ Coin. Bitcoin (BTC) tested $60,000 for the second time but failed and quickly retreated to $57,000. So what is the situation with altcoins?

LUNA Coin Review
LUNA Coin is currently stalled below the parallel channel support at $0.548 and is attempting to form a new support at $0.373. If there is a bounce from here, $0.440 can be targeted. However, supports at higher levels need to be regained. The $0.8 target for LUNA Coin seems quite risky at the moment as BTC fails to provide support. BTC's stagnation at $57,500 and its failure to test $60,000 could be a signal of deeper corrections.

Solana (SOL) Review
SOL Coin did not return from its parallel channel and continues to rise in line with the latest ETF news. The price found buyers at $137, but could not stay above $143. If this level can be exceeded, $154 and $162 can be targeted. However, if it falls below $ 122, lower levels may come to the fore. ETF filings and the overall market recovery could increase activity on the Solana network. The main target for SOL Coin will be to close above $188 and reach between $205 and $256.

Chiliz (CHZ) Review
CHZ Coin is undergoing intense testing in the middle area of ​​the parallel channel and is struggling to surpass the $0.07 level. If this level can be regained, $0.084 can be targeted. Should BTC drop, it should be ready for retests below the bottom of the channel. With successful closes, a new attempt at $0.106 may begin.

Implications for the User

  • The $0.548 channel support is critical for LUNA Coin.

  • If the $143 level is exceeded for SOL Coin, $154 and $162 can be targeted.

  • For CHZ Coin, if it remains above $0.07, $0.084 can be targeted.

As a result, Bitcoin's failure to retest $60,000 indicates caution for altcoins. All three coins are at critical levels and it is important for investors to be careful.

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