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.
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