$LUNA Bullish Rebound – Recovery Gaining Traction?
$LUNA is demonstrating clear recovery signals after bottoming at 0.1500 and climbing with green candles. With a +2.62% daily gain and higher lows forming on the chart, bulls are stepping in post the drop from 0.1622. The price at 0.1568 has stabilized, suggesting potential for further upside if support holds.
Trade Setup (Long)
• Entry Zone: $0.1565 – $0.1580
• Stop Loss: Below $0.1530
• TP1: $0.1600
• TP2: $0.1625
• TP3: $0.1650 (extended target)
Market Insight:
Volume at 469,180.97 is picking up on the bounce, with MA(5) at 618,663.38 above MA(10) at 454,604.87 indicating a bullish shift. Sentiment on X shows mixed views, with some highlighting bearish historic lows but others noting bullish noise around revival in AI/DeFi. As long as $LUNA maintains above $0.1530, the uptrend could accelerate watch for volume confirmation.
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