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$LUNA bouncing off 1.26, worth watching
Noticing $LUNA respecting that 1.26 level pretty hard today. It bounced off it earlier and is now pushing back up towards 1.31. If it can hold above 1.26, we might see some further upside, but a clean break below 1.26 would definitely invalidate that idea for me, and I'd be out.
2 comments · 1 points
Interesting observation on the LUNA action. Are you seeing significant volume on those bounces, or is it a bit thin? Could make a difference to the conviction behind the move.