LUNA possible sideways trend.
Luna / TetherUS BINANCE:LUNAUSDT
Hello everyone, let’s take a look at the LUNA to USDT chart in 1 day. As you can see, the price is moving in an uptrend channel marked with blue lines.
Let’s start with the line of support and as you can see the first support is $ 73, if the support breaks down, the next is $ 60, and the next is $ 44.
Now let’s move from the resistance line as you can see the first resistance is $ 88, if you can break it the next resistance will be $ 94 and $ 99.
Looking at the CHOP indicator , we can see that in the 1D interval the energy has been used. We can expect LUNA to follow a sideways trend if BTC remains stable.
