LUNAUSDT12h The Terra Luna 2.0 price will be $1 or $11 ?A few days ago, we published the idea of Terra Luna 2.0.
And the fact that the LUNAUSDT price did not reach $8.5 and immediately fell to the level of $2.5 is a bad signal.
We warned about the high volatility and manipulability of this asset. Trading LUNAUSDT with leverage is with possibility 80-90% drop of your deposit to 0.
Two possible scenarios in our opinion from the neutral side, as we do not trade this asset:
A positive scenario will come if buyers manage to fix the LUNAUSD price above $3.80-4. Then it will be possible to at least start dreaming about growth to 11-14 dollars.
The stay of the LUNA 2.0 price below $3.80 indicates the weakness of buyers and, accordingly, the possibility of a further fall to the round level of 1 dollar
We consider $1.80-2.20 as a critical zone of support for buyers, below which a drop of another -50% is very likely
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