$LUNC
$LUNA LUNA indeed bounced from the low level of 0.10 and entered the range of 0.12-0.13 before cooling down. This recovery looks constructive after a prolonged decline.
*Technical Analysis:*
- If LUNA's price can maintain support in the range of $0.100 - $0.120, then the price may attempt to break through the level of $0.150.
- The next target is $0.200, which is the medium-term resistance level.
- However, if the price drops below $0.095, then the weak rebound logic may fail, and the price could decline further.
LUNA's recovery still appears fragile, and it needs support from positive market sentiment and developments in the Terra ecosystem. ¹
