June 28, 2026

πŸ”₯ LUNA Rally Continued: Rising Wedge

πŸ”₯ LUNA Rally Continued: Rising Wedge

πŸ”₯ LUNA Rally Continued: Rising Wedge

πŸ”₯ LUNA Rally Continued: Rising Wedge

Luna / TetherUS BINANCE:LUNAUSDT
FieryTrading


πŸ”₯ LUNA Rally Continued: Rising Wedge

LUNA has been outperforming the vast majority of the market over the last couple of weeks. In addition, I think this rally is far from over.

As seen on the chart, LUNA has been following a massive 1-year rising wedge . The upper resistance from said wedge is still another 40-60 percent away. Assuming that the market will stay relatively stable, I think that LUNA will continue rising until the resistance has been hit.

After that, a bearish correction is to be expected. Be aware that we might even rise further, but a lot of investors will be watching this pattern and will place their exit orders around strong resistances.

Happy trading!

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