Market Insight: LUNC Technical Outlook
I’m watching $LUNC closely after that aggressive -12% flush. We’ve found a temporary floor at 0.00009000, and while the current green candles look promising, we are running straight into a heavy resistance zone. The trend is still firmly bearish on the short-term frames, and the moving averages are currently capped by the purple 99-MA. My play here is to wait for a exhaustion signal near the current levels to catch the next leg down. Discipline is key—don't mistake a relief rally for a trend reversal just yet.
Signal: Short
Entry Zone: 0.00009360 – 0.00009450
Target: 0.00008850
Stop Loss: 0.00009650
#LUNC #LUNCDream #LUNCUSD #Binance #Lunc2TheMoonSoon
I’m watching $LUNC closely after that aggressive -12% flush. We’ve found a temporary floor at 0.00009000, and while the current green candles look promising, we are running straight into a heavy resistance zone. The trend is still firmly bearish on the short-term frames, and the moving averages are currently capped by the purple 99-MA. My play here is to wait for a exhaustion signal near the current levels to catch the next leg down. Discipline is key—don't mistake a relief rally for a trend reversal just yet.
Signal: Short
Entry Zone: 0.00009360 – 0.00009450
Target: 0.00008850
Stop Loss: 0.00009650
#LUNC #LUNCDream #LUNCUSD #Binance #Lunc2TheMoonSoon