Terra Price Analysis: LUNA Sellers Aim for $5 Despite Oversold Indicators

-LUNA price has dropped by 88.73% and dipped below the 0.786 FIB($30)
-The intraday trading volume in the LUNA is $1.13 Billion, indicating a 184.5% rise.
-The LUNA/USDT pair shows a drastic overnight fall as the overall market corrects due to the Bitcoin prices touching the $30K.
-The Terra market value vaporizes 82% within a week.
-In the unlikely scenario of bulls regaining trend control, the buyers would turn the retest candle into a fakeout one.

terra luna logo Terra Price Analysis: LUNA Sellers Aim for $5 Despite Oversold Indicators
Terra Price Analysis: LUNA Sellers Aim for $5 Despite Oversold Indicators 2

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