Is $1000LUNC setting up for a drop?
$1000LUNC buyer exhaustion confirmed — sellers taking over
Here's what the data shows:
• Price: $0.07686 (24H range: $0.06904–$0.07755)
• RSI(14): 77.5 — Overbought 🔴
• EMA20: $0.07188 | EMA50: $0.07186 ⚠️ Above EMA50
• Volume: $10.05M
📉 If yes, here's the plan:
Entry zone: $0.07663 – $0.07709
Stop loss: $0.07794
Targets: $0.07377 → $0.07270 → $0.07009
EMA20 rolling over — dynamic resistance replacing former support.
Volume declining on the push higher — distribution pattern forming.
Entry, stop, target. Stick to the plan.
$1000LUNC
