$LUNC is experiencing explosive momentum, up roughly 120% this week to ~$0.000061. The rally is driven by two key events: the upcoming December 11th sentencing of founder Do Kwon and accelerated token burn activity.
Trading View & Key Levels
· Context: The surge has pushed the 14-day RSI to ~84, signaling severely overbought conditions and heightened near-term risk of a pullback.
· Resistance: Watch the weekly high near $0.0000797. A sustained break above could extend the move.
· Support: Key support lies at $0.0000351. A break below could signal a deeper correction.
LUNA2USDT
Perp
0.12139
-10.59%