LUNA struggles between support and resistance.
Luna / TetherUS BINANCE:LUNAUSDT
Hello everyone, let’s take a look at the LUNA to USDT chart over the 4 hour timeframe. As you can see, price is moving above the local uptrend line.
Let’s start by drawing the resistance line, as you can see, the first resistance is $ 91 which LUNA is currently struggling with, the next one is $ 94 and $ 96 and $ 100.
Now let’s move on to the support line and as you can see the first support is $ 90, the next $ 87 and $ 82.
Looking at the CHOP indicator , we can see that the energy was consumed in a 4-hour interval.
