$LUNC
pumped 160%… and then erased almost the entire move.
Classic retail euphoria → smart money distribution.
But most people are missing the bigger picture.
Both the blue and red structures completed full 5-wave impulses, and BOTH topped near $0.000124.
That’s not random.
That’s double distribution at the same resistance level — a textbook exit zone for large players.
Now price is slowly grinding lower toward the key demand/origin zone around $0.000070–$0.000075.
My view?
There’s likely one final flush left before any meaningful recovery begins.
I’m personally not interested in touching $LUNC until the $0.000068–$0.000072 region proves it can hold as real support with strong reaction and volume.
In these markets, patience pays more than chasing green candles.
Most traders lose money from FOMO.
Professionals wait for confirmation.
Let the chart come to you.
#LUNC #LUNA #LUNA2 #Crypto #Altcoins #Trading #TechnicalAnalysis