$LUNA – Short-Term Market View
LUNA is currently moving in a tight consolidation after the recent rally, with price hovering around the 0.178 area. At the moment, it remains below key short-term moving averages, which keeps the structure cautiously bearish unless buyers step back in.
I’m closely watching the 0.185–0.195 zone. A strong reclaim and hold above this area could shift momentum back to the upside and open room toward the 0.20–0.24 range, where the previous high is located.
On the downside, immediate support sits near 0.17–0.165. If this zone fails to hold, the next stronger support comes in around 0.15–0.14, which acted as a recent base.
Volume has cooled off after the earlier expansion, so any bullish continuation will need a clear reclaim of resistance with increasing participation. Until then, patience and confirmation are key.
Always manage risk and let price confirm direction.
