$LUNA , oh wow—this line is a bit scary.
Current price 0.0555 fluctuating around
It rebounded about 17.8% in 24h, but volume is on the weak side
Analysis: To be honest, this 5-minute surge up by 5.45% was indeed impressive, but I didn’t rush to chase. Right now the order book looks strong, but the volume isn’t keeping up. The price is grinding just under the high at 0.0564, and it feels a little flimsy.
Damn it, the worst thing about this spot is that after it spikes higher there’s nobody to pick up the order, and then it slowly turns bearish. The short-term sentiment is hot right now, but anyone holding positions has their nerves on edge—one little shake and everyone can easily loosen up together. I’d rather see whether it can hold steady above 0.0555. Once it holds, we’ll talk about the next step. If it can’t, there’s a high chance it will keep bouncing around.
Can you still hold it?
Current price 0.0555 fluctuating around
It rebounded about 17.8% in 24h, but volume is on the weak side
Analysis: To be honest, this 5-minute surge up by 5.45% was indeed impressive, but I didn’t rush to chase. Right now the order book looks strong, but the volume isn’t keeping up. The price is grinding just under the high at 0.0564, and it feels a little flimsy.
Damn it, the worst thing about this spot is that after it spikes higher there’s nobody to pick up the order, and then it slowly turns bearish. The short-term sentiment is hot right now, but anyone holding positions has their nerves on edge—one little shake and everyone can easily loosen up together. I’d rather see whether it can hold steady above 0.0555. Once it holds, we’ll talk about the next step. If it can’t, there’s a high chance it will keep bouncing around.
Can you still hold it?
