LUNA/USD Weekly TA Neutral Bearish

LUNA/USD Weekly neutral with a bearish bias. Recommended ratio: 40% LUNA, 60% cash. Price is currently testing the uptrend line from August 2021 (this time at $82.50) for the fourth consecutive week. Volume remains very low and is fairly balanced between buyers and sellers, indicating that this is a consolidation before a pending breakout or breakdown. Parabolic SAR flips bearish just below $57.15 minor support. RSI is currently trending sideways at 54.63 just below the uptrend line from September 2020 (enough for it to still be testing it as support). Stochastic is currently on the verge of a bullish crossover at 32.46 support; if it can do this it will have another opportunity to test the descending trendline from September 2021 at ~50. MACD remains bearish and is currently trending down at 10.55, the next support (minor) is at 6.89. ADX is trending up slightly at 40 as Price tests a critical support on an uptrend, this is mildly bullish at the moment. If Price is able to defend support at the uptrend line from August 2021 ($82.50), then the next likely target is a retest of $87.51 minor resistance before potentially retesting $100. However, if Price breaks down here, it will likely retest $75.86 minor support before potentially retesting the lower trendline of the ascending channel from July 2021 at $65-$70. Mental Stop Loss: (two consecutive closes above) $87.51.