Exciting Potential for LUNA! Keep an Eye on Breakout Levels
💎 LUNA is exhibiting a bullish market structure and has formed a cup and handle pattern.
💎If LUNAUSDT manages to break above the resistance level, we can anticipate a bullish move towards the next resistance levels.
💎In the event of a pullback, we can anticipate a bounce from the trendline, especially considering the presence of a bullish order block (OB) in this area.
💎However, if the price breaks below this level, it may be considered a bearish scenario. Nevertheless, it might be prudent to disregard this scenario for now and wait for clearer price action to emerge before making any decisions.
💎If LUNAUSDT manages to break above the resistance level, we can anticipate a bullish move towards the next resistance levels.
💎In the event of a pullback, we can anticipate a bounce from the trendline, especially considering the presence of a bullish order block (OB) in this area.
💎However, if the price breaks below this level, it may be considered a bearish scenario. Nevertheless, it might be prudent to disregard this scenario for now and wait for clearer price action to emerge before making any decisions.
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