$LUNC is approaching a local resistance zone after a sharp intraday recovery..................
Current candles show weakening bullish momentum and rejection near resistance around 0.0000800.
Bias: Rejection / Short
Entry: 0.0000790 - 0.0000794
SL: 0.0000809
TP1: 0.0000780
TP2: 0.0000765
TP3: 0.0000750
If price fails to reclaim 0.0000800 decisively, sellers may push it back toward the lower support range............................
A breakdown below 0.0000780 can increase bearish momentum quickly......................
Current candles show weakening bullish momentum and rejection near resistance around 0.0000800.
Bias: Rejection / Short
Entry: 0.0000790 - 0.0000794
SL: 0.0000809
TP1: 0.0000780
TP2: 0.0000765
TP3: 0.0000750
If price fails to reclaim 0.0000800 decisively, sellers may push it back toward the lower support range............................
A breakdown below 0.0000780 can increase bearish momentum quickly......................
