Following an extended period of selling pressure,
$LUNC has established a strong base near 0.00002485, followed by a decisive impulsive bullish candle. This type of price action typically reflects institutional or high-conviction participation rather than retail activity.
Key Market Observations:
Capitulation phase appears complete
A higher low has been confirmed
Buyers are actively defending the 0.000043 support zone
Momentum is gradually transitioning from bearish to bullish
This consolidation zone often precedes trend reversals, as price compression signals a potential expansion in volatility.
Upside Levels to Monitor (if momentum sustains):
0.000046
0.000050 — key breakout level
A confirmed move above 0.000050 could trigger accelerated upside momentum
Historically, when price consolidates after a strong impulsive move, the subsequent continuation can be sharp. Patience and disciplined risk management remain essential, as volatility is expected.
Market sentiment is approaching a decision point.
Will bulls maintain control, or will bears regain momentum?
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