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👀 Wait, did $LUNA just flash a sneaky signal?
Zooming in on the 1-hour here, things are getting interesting.
We saw a solid bounce off the $0.1567 low from yesterday. That's acting as strong psychological support right now.
The price action tried to reclaim the $0.2075 area, but the sellers stepped in hard, sending it back down to the current $0.1816 range.
Volume looks pretty normal on this recent drop, so it's not a panic dump, just profit-taking or people de-risking over the weekend.
The red candle closing where it is suggests we might test that $0.1709 zone next if buyers don't step in soon. If $0.1709 breaks, we could be looking at a re-test of the $0.1567 floor.
Key thing to watch: Can it hold $0.18? A quick wick up past $0.192 could signal a reversal attempt. Right now, it's a tight spot.
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