While we have lost hope amidst of a hard dump on LUNA we see some minor bullish appearance based on the updates recieved for burning the supply. Here with the LUNA I have adjust the price moves into a technical overview and this is what I found.
I keep an eye on the resistance and the trend line here, as mentioned on the chart a bullish breakout needed to continue the bull trend to the upside. But if we see any breakout on the trend line then we have a chances of seeing a dip once again. Trading LUNA is highly risky until we get some strong update based on the recovery. Remember we have a greater potential of losing people after a good rally due to a panic sell off from a hard crush it created.
I keep an eye on the resistance and the trend line here, as mentioned on the chart a bullish breakout needed to continue the bull trend to the upside. But if we see any breakout on the trend line then we have a chances of seeing a dip once again. Trading LUNA is highly risky until we get some strong update based on the recovery. Remember we have a greater potential of losing people after a good rally due to a panic sell off from a hard crush it created.