LUNA just hit 0.1165 on a solid breakout candle. Now we're staring at two scenarios: either this thing pushes toward 0.1600, or we're looking at a pullback down to 0.0700.
The make-or-break level? 0.1300. Clear that resistance and the bulls are in control. But if it can't stay above 0.1100, expect some serious selling pressure. Volume's picking up, which usually means something's brewing. Those rejection wicks up top though? Yeah, they're worth watching.
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OffchainWinner
· 23h ago
If the key level of 0.13 can't be broken, it's time to get out. This rebound feels pretty weak.
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HashRateHustler
· 12-06 14:58
The 0.13 level is really stuck; if it can't break through, I'm afraid we'll be eating noodles.
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HalfPositionRunner
· 12-06 14:56
The 0.1300 mark is really crucial—if it can't be broken, it's over.
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ShadowStaker
· 12-06 14:50
ngl those rejection wicks are screaming weak hands territory. 0.1300's just another liquidity trap waiting to happen, volume alone doesn't tell you validator attrition stories
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ShibaSunglasses
· 12-06 14:42
That key level at 0.13 is really like defusing a bomb—it's either going to explode or crash.
LUNA just hit 0.1165 on a solid breakout candle. Now we're staring at two scenarios: either this thing pushes toward 0.1600, or we're looking at a pullback down to 0.0700.
The make-or-break level? 0.1300. Clear that resistance and the bulls are in control. But if it can't stay above 0.1100, expect some serious selling pressure. Volume's picking up, which usually means something's brewing. Those rejection wicks up top though? Yeah, they're worth watching.