$LUNA /USDT is currently moving with strong momentum today — the price is $0.1627 (Rs 45.64) and we have seen a pump of +14.66% in 24h! This is a gainer of Layer 1 / Layer 2, and the return over 7 days is more than +127%, indicating a major recovery signal.
The sentiment is currently bullish to strongly bullish, MA(7) 0.1561 has crossed MA(25), and the volume is also heavy with 387M+ LUNA traded. Support is around 0.1537–0.1483, where buying may come in. There is also strong support at 0.1389 (24h low).
Resistance is in the 0.1631–0.1660 zone, if this breaks, the next target may be up to 0.1808 (24h high). The order book is somewhat balanced but buying pressure seems to be higher.
Overall, LUNA is continuing its recovery story, but some consolidation may also occur. If the trend holds, a move towards 0.18+ is possible. DYOR!