$LUNC
has printed a strong bullish impulse candle with more than 20% upside, supported by a visible volume expansion, which tells us this move is not random — buyers stepped in with intent.
From a market structure perspective, price has clearly reclaimed the short-term moving averages. MA(7) has crossed above MA(25), and price is now pushing toward the MA(99), which often acts as a trend decision zone. This alignment usually signals a shift from accumulation into a momentum phase.
The recent move also shows a breakout from a rounded bottom / recovery structure, meaning sellers are losing control and demand is absorbing supply efficiently. As long as price holds above the previous breakout zone, the structure remains bullish.
🔍 Key Levels to Watch
Immediate resistance: Near the recent high zone (where price may pause or retest)
Healthy support: Previous consolidation area (pullbacks into this zone can be constructive)
Invalidation: A strong close back below reclaimed MAs would weaken the bullish case
🚀 What’s the Next Step?
At this stage, LUNC looks to be in a bullish continuation or short-term consolidation before another attempt upward.
A small pullback or sideways move would actually be healthy, allowing momentum to reset before the next leg. If volume stays consistent and structure holds, the path of least resistance remains upward.
This is a classic example of momentum + structure alignment, often discussed in educational trading frameworks.
Not a financial advice