Hello everyone, let’s take a look at the LUNA to USDT chart on a 1 day time frame. As you can see, the price is moving above the local uptrend line, but is currently based on this line.

Let’s start with the designation of the support line and as you can see the first support in the near future is $ 72, if the support breaks down, the next one is $ 59 and $ 43.

Now let’s move from the resistance line as you can see the first resistance is $ 86, if you can break it the next resistance will be $ 92 and $ 97.

Looking at the CHOP indicator , we can see that a lot of energy has accumulated in the 1-day interval, but due to the BTC correction, the entire market reacts similarly.