LUNA/USDT just wrapped up a textbook breakout on the daily chart.
Remember that descending channel we flagged back on Dec 5? Well, it's done. Every single target got tagged.
The setup was clean: price punched through channel resistance right where EMA lines clustered together. That wasn't some weak attempt either—volume spiked hard on the daily close above resistance. Classic shift from bearish compression to bullish expansion.
What made this one work? Timing and confirmation. The daily candle sealed above key levels, no fakeouts. When you see that kind of conviction with volume backing it up, the follow-through usually delivers.
All planned targets executed. No drama, just structure playing out as expected.
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LUNA/USDT just wrapped up a textbook breakout on the daily chart.
Remember that descending channel we flagged back on Dec 5? Well, it's done. Every single target got tagged.
The setup was clean: price punched through channel resistance right where EMA lines clustered together. That wasn't some weak attempt either—volume spiked hard on the daily close above resistance. Classic shift from bearish compression to bullish expansion.
What made this one work? Timing and confirmation. The daily candle sealed above key levels, no fakeouts. When you see that kind of conviction with volume backing it up, the follow-through usually delivers.
All planned targets executed. No drama, just structure playing out as expected.