Terra (or LUNA, it's just a name!) could make a drop to 70.69, which is the previous support, as it has broken the trendline and the volume has decreased significantly. Chances are, if the bulls do not step in soon, LUNA will nosedive, and by nosedive, I mean it. At the meantime, you can look for other safer alternatives, such as Bitcoin or Ethereum, just not Terra. (Just an opinion!)
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.