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Welcome to this LUNA/USDT update. LUNA is dumping very hard. Almost 100% dump in few days. It is a biggest rug pull of 2022. Many people asking is it a good time to buy LUNA. So here's is my take on this.
According to the TA, we have a strong support zone at $4-$6 for LUNA. Here I don't see any support and it is continuously falling. As of now I would recommend to stay away from it. When it reached to our support zone and if taking a good support there then I'm buying a bag on spot. Till then I'm out of it.
Entry zone:- $4-$6
SL:- If any weekly candle closes below $4 then exit.
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