MARKET UPDATE: $LUNA🚨
$LUNA is currently trading within a descending channel on the 4H chart — a structure we’ve seen across many altcoins lately.
Right now, it’s holding just above the mid-level of the channel — an important pivot zone. If this level holds, momentum could shift bullish, with price aiming for the upper boundary of the channel.
A breakout from the top would confirm strength and open doors for further upside. But remember — confirmation is key. Watch volume and price reaction closely here.
📊 Structure intact
🔄 Mid-level support holding
🚀 Eyes on breakout potential
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