LUNA Price Continues Upward Trend with Potential Target of $0.0764

The LUNA price has been experiencing a significant increase in recent days, with a 13% gain in the past 24 hours. This surge in price is attributed to a bullish continuation, according to Crypto Patel's analysis.

Crypto Patel notes that Terra LUNA shifted into a bullish structure after clearing sell-side liquidity from range lows, confirming a major shift in market structure. The market has entered a new bull phase after breaking structure and is now backtracking into a clearly defined order block area.