$LUNA / USDT Showing Volatility on Binance - Watch Key Levels for Direction! 🌕
Looking at the $LUNA / USDT 4-hour chart, we're seeing some choppy price action. Currently trading at 0.1640 USDT, it's down -2.21% in the last 4 hours but still up +1.61% for the day.
After testing the 24-hour high of 0.1730 USDT, $LUNA has experienced a pullback. It's now trading within a range, and the next move will likely depend on whether it can break through resistance or finds strong support.
Key Levels to Monitor Closely:
* Resistance: The recent high of 0.1730 USDT is the immediate resistance. A break above this could signal renewed bullish momentum.
* Support: The 24-hour low of 0.1610 USDT is acting as support. A drop below this might lead to further downside.
What's your outlook on LUNA's short-term price action? Do you anticipate a break above resistance, or will the support level be tested further?
Let's share your analysis and trade carefully!
