$LUNA /USDT Analysis:
Luna Classic (#LUNA ) is breaking the upper border of a falling wedge on the weekly timeframe, signaling a potential bullish reversal. After a successful retest of the breakout level, the price could move towards key targets at $1.36 and $2.53.
This breakout from the falling wedge pattern suggests that bullish momentum may be building, and if price action confirms a sustained move above the breakout point, a rally toward the targets is likely. Keep an eye on volume and momentum for confirmation of the continuation. A retest of support at $1.00 could offer a potential entry point for those looking to capitalize on the expected upside. The overall bullish continuation potential looks promising, but cautious monitoring of price action is advised.
