📌 Important update on the movement of LUNC currency
The current price movement shows that LUNC currency is still moving within a weak range after the recent drop. It reached the level of 0.00006166 and bounced back from it, but it is still below any clear breakout of nearby resistances.
🔍 Key technical observations:
The price is moving around 0.00006570 without a strong upward trend.
Short-term moving averages are still above the price, confirming ongoing selling pressure.
Trading volume is high, indicating significant interest in the currency over the past few hours.
Nearest resistance: 0.00006770
Nearest support: 0.00006280
📈 Conclusion:
The currency is in a waiting phase, and there is no clear signal for a continuous rise yet. Any entry requires careful monitoring for a breakout of resistance or a break of support before making a decision.
