$LUNA is trading at 0.1625 USDT (Rs46.09), marking a 5.45% daily gain, as the token continues to show signs of upward momentum. Over the last 24 hours, the price has moved between a low of 0.1487 USDT and a high of 0.1632 USDT, with the current price sitting just below the daily peak. Trading activity is strong, with a 24-hour volume of 19.03M LUNA (~2.95M USDT), suggesting heightened market interest and increased liquidity. This reinforces confidence among traders as LUNA tests resistance levels.
From a technical perspective, LUNA is trading above its short-term moving averages, with MA(7) at 0.1574 and MA(25) at 0.1544, both positioned below the current price. This alignment highlights short-term bullishness, as momentum is building in favor of buyers. The MA(99) at 0.1604 sits just below the current price, indicating that LUNA has recently crossed a significant resistance level. If the price sustains above this moving average, the bullish trend could strengthen, potentially paving the way for a move toward higher levels above 0.1650. However, if LUNA fails to hold above 0.1600, a pullback toward 0.1570 may occur before the next upward attempt.