LUNA is trading under declining trendline and now creating a local support in the form of minor range. as the price action indicating the pause in sell pressure.
If the bulls become able to break the range and declining trendline , it will be fine buy setup.
One can trade it with buy stop on the breakout of range and declining trendline.
If the breakout sustains the next target could be 0.4590
If the bulls become able to break the range and declining trendline , it will be fine buy setup.
One can trade it with buy stop on the breakout of range and declining trendline.
If the breakout sustains the next target could be 0.4590