#山寨币行情即将来临? LUNA2’s recent price action is definitely worth watching. The 2.18% amplitude may look calm, but for contract traders, every percentage point is real profit or loss.



The most crucial factor is the performance of the 7-day moving average. It’s been testing above the 30-day moving average, with a golden cross signal having already appeared, but the current “playing hard to get” posture is quite intriguing—bulls are probing, while bears are holding the line. The closing price of 0.14548 is positioned right in the middle, with both sides waiting for the other to reveal their hand first.

Looking at the price range: the left side started rising from 0.06932 to a high of 0.16, and now, at 0.14548, it’s in the upper-middle area. The upper resistance is at 0.16222, and the important support below is at 0.14. Today, there was a small bearish candle, with a -1.48% decline following the earlier rise—a classic profit-taking pattern.

Special attention should be paid to the 21:00 candlestick—the upper shadow is barely visible, but the lower shadow is clearly strong, indicating that there’s buying support at the lower levels. Seasoned crypto traders know that this kind of move is often a sign of an impending breakout. Next, it could break upward through 0.15, or it might test the bottom at 0.14.

Although trading volume isn’t shown directly, you can read the info from the candlestick bodies. The green bars are stronger than the red bars, so big money is still in play. Right now, it’s like a tug-of-war between two forces, and as MA7 and MA30 get closer, the potential for a breakout increases. Whether it breaks upward or falls into consolidation may depend on the next 3-5 candlesticks.

Don’t treat candlesticks as fortune-telling—they’re just a visual representation of bull and bear strength. At 0.14548, bulls see a launchpad, while bears see a topping signal. How do you read this chart?
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ApyWhisperervip
· 12-12 05:24
Bet one more time and go all in
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MoneyBurnervip
· 12-11 17:35
The bulls are suppressing the bears.
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OnchainUndercovervip
· 12-11 14:44
Seeing the bottom is an opportunity
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ApeWithNoFearvip
· 12-10 05:45
Go long or short
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TokenCreatorOPvip
· 12-09 13:58
This market is too chaotic; I don't dare to enter.
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BankruptcyArtistvip
· 12-09 13:58
The bulls are bound to lose their ground.
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ser_ngmivip
· 12-09 13:45
Waiting for the result of the bull-bear battle
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On-ChainDivervip
· 12-09 13:45
The trend has nothing to do with belief.
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MemeTokenGeniusvip
· 12-09 13:37
Enter the market again after the price surges
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