LUNA2's recent trend is indeed not very optimistic. From the K-line chart, both the lows and highs are gradually decreasing, a typical downward channel. Technical indicators are flashing red lights—RSI has entered the oversold zone, and MACD has turned negative. All these signals indicate that the selling pressure in the market is quite fierce.
But this is also an interesting point. When indicators reach such extreme levels, it’s worth asking: have the bears already overextended their strength? Historical experience tells us that after overselling, there is often a rebound opportunity. Instead of rushing to make decisions, it’s better to wait and see how the market develops. Sometimes, the most profitable trades come from those patient decisions.
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GetRichLeek
· 16h ago
I've heard the oversold rebound argument too many times, and I always end up losing money.
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TopBuyerForever
· 20h ago
Oversold rebound? Let's wait and see. Last time I heard that, it dropped another three months.
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quietly_staking
· 01-15 14:00
Oversold rebound? Uh... I think I've heard this explanation too many times. Every time it's said like that, and what happens? It keeps falling.
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ShitcoinArbitrageur
· 01-15 13:59
Oversold is an opportunity. The last time it was at this level, the rebound doubled immediately.
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AirdropHunter420
· 01-15 13:56
Tired of the overbought rebound rhetoric, those who are truly making money have already left.
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CryptoCross-TalkClub
· 01-15 13:48
Laughing to death, it's the same "extreme positions must rebound" theory again. The last time I heard this was on the night before LUNA's crash.
Wait, wait, wait. Let's wait for the rebound together, wait until the project team runs away.
RSI oversold? Is that a bottom signal or a death countdown? Anyway, I can't figure it out, so I might as well just listen to it perform a comedy show.
Patience in decision-making sounds sophisticated, but the patience of retail investors is often just a process of being cut while waiting on the sidelines.
LUNA2's recent trend is indeed not very optimistic. From the K-line chart, both the lows and highs are gradually decreasing, a typical downward channel. Technical indicators are flashing red lights—RSI has entered the oversold zone, and MACD has turned negative. All these signals indicate that the selling pressure in the market is quite fierce.
But this is also an interesting point. When indicators reach such extreme levels, it’s worth asking: have the bears already overextended their strength? Historical experience tells us that after overselling, there is often a rebound opportunity. Instead of rushing to make decisions, it’s better to wait and see how the market develops. Sometimes, the most profitable trades come from those patient decisions.