LUNCUSDT The next 1D MA50 break can deliver a massive rally!

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For this particular analysis on Terra Luna Classic we are using the LUNCUSDT symbol on the OKX exchange.
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The idea is on the 1D time-frame where LUNC is on a small pull-back after being rejected on the 1D MA50 (blue trend-line). With the 1D RSI mostly ranged within 55.00 - 35.00, the price action seems neutral. However this resembles the previous sequences of mid August and mid June, which both broke upwards and delivered significant rallies.

The trigger for August was closing above the 1D MA50. As a result, the next time this happens, we may see a massive rally on LUNCUSDT, targeting the Higher Highs trend-line.



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