$LUNC is stabilizing after the drop into the 0.00003817 reaction low and I am watching this area closely because buyers stepped in firmly at that base and slowed the selloff. The bounce from the lows looks controlled and price is now building a short term base. On the 1h timeframe candles are starting to print higher lows which shows early signs of momentum trying to shift.
Here is my full setup from this chart.
Entry Point
0.0000392 – 0.0000386
Target Point
TP1: 0.0000404
TP2: 0.0000418
TP3: 0.0000435
Stop Loss
0.0000378
It is possible because dips near 0.0000386 are getting absorbed quickly and selling pressure keeps reducing. If $LUNC holds above this support zone the move toward 0.0000404 becomes the natural first step before momentum attempts continuation.
#USGDPUpdate #USCryptoStakingTaxReview #MerryBinance
LUNC
0.00003933
+0.22%