๐ LUNA | 12H Chart Analysis
On the 12-hour timeframe, LUNA is forming an accumulation zone after a significant decline. Volumes indicate active participation from major players โ OBV is rising despite the price drop.
๐น Support: 1.21โ1.18
๐น Resistance: 1.35โ1.38
๐น Trend: possible pullback to EMA50/EMA100 before continuing the movement
๐น Indicators: RSI is close to the oversold zone, MACD is preparing for a potential bullish crossover
๐ Conclusion: Large positions are being accumulated, short stop-losses are being collected โ potential for a short-term bounce and longs is high. We monitor the level of 1.35: closing above โ signal for growth.
#LUNA $LUNA #BTC $BTC #ETH $ETH #CryptoTrading #OBV #RSI #MACD #Support #Resistance #12HChart #accumulating $LUNA
On the 12-hour timeframe, LUNA is forming an accumulation zone after a significant decline. Volumes indicate active participation from major players โ OBV is rising despite the price drop.
๐น Support: 1.21โ1.18
๐น Resistance: 1.35โ1.38
๐น Trend: possible pullback to EMA50/EMA100 before continuing the movement
๐น Indicators: RSI is close to the oversold zone, MACD is preparing for a potential bullish crossover
๐ Conclusion: Large positions are being accumulated, short stop-losses are being collected โ potential for a short-term bounce and longs is high. We monitor the level of 1.35: closing above โ signal for growth.
#LUNA $LUNA #BTC $BTC #ETH $ETH #CryptoTrading #OBV #RSI #MACD #Support #Resistance #12HChart #accumulating $LUNA