The daily chart of LUNA/USDT reveals a significant breakout above a long-term descending trendline.
This move marks the first major rejection of the bearish structure that has dominated since April.
The breakout was accompanied by strong bullish momentum, indicating renewed interest in the token.
Following the breakout, LUNA has retested the trendline (now acting as support), creating a classic bullish retest pattern. The impulsive rally suggests that buyers are regaining control, targeting the $1.00 psychological resistance zone.
This move marks the first major rejection of the bearish structure that has dominated since April.
The breakout was accompanied by strong bullish momentum, indicating renewed interest in the token.
Following the breakout, LUNA has retested the trendline (now acting as support), creating a classic bullish retest pattern. The impulsive rally suggests that buyers are regaining control, targeting the $1.00 psychological resistance zone.
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Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
