Luna Classic ( $LUNC ) is experiencing bullish momentum, which typically happens when the market is generally bullish. The market was also strong in November and December, offering trading opportunities. Since July 13th, open interest has surged, especially on July 15th. While Luna Classic is bullish on the 4-hour timeframe, it's bearish on the 12-hour. Currently priced around 9500, a resistance level, with main support at 8800, the likely scenario is a breakout above 9500, rallying towards 10,500 and 11,000, though a pullback to 8800 is possible if #Bitcoin pulls back. Bitcoin's bullish trend supports the market, but caution is advised. Wait for clear signals before trading and consider technicals, momentum, and past performance.
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