$LUNC finally showing some life again after that heavy dump. 👀
Price bounced nicely from the 0.000070 support area, and now it’s trying to push back into the first resistance zone around 0.000081 - 0.000082.
Honestly, this is the level that matters right now.
If buyers can hold above it, I think LUNC can easily revisit: • 0.000090 • then possibly 0.000100+
The good thing is sellers started losing momentum after days of nonstop pressure, and the chart is slowly trying to build a recovery structure on the 4H.
Still too early to call a full reversal though.
If BTC stays stable and volume comes in, this could turn into a decent bounce setup. But if support around 0.000070 breaks again, things can get ugly fast.
For now, I’m just watching how price reacts around this resistance before getting too excited. 🔥