Technical analysis by hazaq about Symbol LUNA on 11/25/2024

LUNA, one of the top-performing tokens during the 2021 bull run, appears to have formed a bottom and is now breaking out of a classic rectangle pattern. This breakout signals potential bullish momentum, as retail traders often combine technical patterns with fundamentals to guide their decisions.If LUNA sustains its push and reaches the $1+ level, it could pave the way for further continuation and higher price targets. However, as always, caution is advised, and proper risk management should be applied.Follow for more chart ideas and trading insights. NFA: This is not financial advice—always do your own research and trade responsibly.