$LUNC is currently trading around the 0.067–0.068 zone on the 1H chart after a steady upward move, but now showing signs of slowing down near resistance. Price already faced rejection around the 0.071–0.072 area, which indicates sellers are active there.

The recent candles are getting weaker, and momentum is fading, suggesting a possible short-term pullback.

I’m looking for a short here if price fails to hold above this zone, with a stop loss around 0.072–0.074, or you can move stop loss to entry once the trade goes in profit. On the downside, the first target sits near 0.063, and if selling pressure increases, we can see a drop towards 0.060.

Do your own research.

Short #LUNC Here 👇👇👇