Hello friends,
Here we have LUNAUSDT on the 4hr chart. We can see luna trading in a consolidation range between 18 - 19.26.
I believe the consolidation is about to break, in which case we will push upward in scenario A to previous resistance @22.
Should we break the consolidation range, and we dont recover to the consolidation range, I expect price to drop to next Lv of support around 16.
Hope you find this view helpful.
Happy trading.
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