$LUNC is trying to stabilize after one of the cleanest selloffs on the board.

The market spent multiple sessions bleeding lower with almost zero bullish response, but now the first signs of absorption are starting to appear around the $0.000075–$0.000081 zone. That sharp rebound wick suggests buyers are finally stepping in after panic selling exhausted itself.

Still, this isn’t a confirmed reversal yet.

Price remains below major recovery levels, and unless momentum continues building, this could easily turn into another lower-high rejection.

📊 Bias: Recovery Bounce / High Volatility

EP: 0.0000790 – 0.0000815

🎯 Targets:

TP1: 0.0000850

TP2: 0.0000895

TP3: 0.0000940

🛑 SL: 0.0000740

LUNC thrives on emotional trading conditions — and right now the chart is entering exactly that phase. If buyers maintain pressure above the local base, upside expansion could accelerate fast.