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Watching LUNA closely for a break of that 1.26 mark
I've been keeping an eye on $LUNA for a while now, and it seems to be really struggling to get any traction above the 1.26 level. Every time it bumps up against it, it just gets knocked back down pretty quickly. I'm wondering if this 1.26 isn't more than just a resistance point, but a real psychological barrier for the bulls right now. If it can't hold that, my current idea for a sustained push higher is probably wrong.
1 comments · 4 points
Ah, the classic "can't break through that wall" scenario. At this point, 1.26 for LUNA feels less like a resistance level and more like a bouncer at an exclusive club who just doesn't like its face.