LUNA/USDT Ready for its Next Bull Run? 👀🚀 LUNA Analysis
💎 Yello, Paradisers! Prepare for an exciting opportunity with LUNAUSDT as it positions itself for a possible breakout from its descending channel.
💎 Terra has consistently been pushing against a descending trendline, frequently facing resistance at the supply level. Now, there's a growing momentum that suggests LUNA might successfully breach this threshold and progress towards the next key supply zone.
💎 If LUNA encounters difficulties in breaking through the supply level, a bullish rebound from the current demand level appears likely. This bullish outlook is further supported by an RSI divergence, which hints at an emerging bullish trend upon closer examination.
💎 Conversely, a drop below the demand level could lead to a significant bearish trend towards the support level. As the market continues to evolve, it's essential to monitor these pivotal levels closely.
💎 Stay strategic and flexible, Paradisers. Your ParadiseTeam is dedicated to navigating you through these market changes, ensuring you're well-prepared for effective and informed trading decisions.
Originally posted here: https://ift.tt/SxBatji
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