$1000LUNC shows an impressive growth of 31% over the last 24 hours, raising the price to 0.03731. The current RSI value of 65.41 indicates an approaching overbought zone; however, the market is still demonstrating a strong upward momentum.
Analytics:
The price has stabilized above local resistance levels, indicating sustained buyer interest. A momentum increase with a still non-extreme RSI may signal a possible continuation of the upward movement, but it also raises the likelihood of a short-term correction.
🟢 Bullish scenario
— Possible entry: during a pullback $1000LUNC into the range 0.036–0.0365.
— Targets (TP): 0.0385, then 0.04 with market acceleration.
— Stop-Loss: 2–5% from the entry point (rounding up).
— Recommendation: use a small percentage of the deposit. Upon reaching the first target — SL to break-even.
🔴 Bearish scenario
If the price $1000LUNC does not hold above 0.0365, a correction to 0.035–0.0335 is possible.
— Potential entry from the lower zone after confirming the reversal.
— TP: return to 0.037.
— SL: 2–5%.
1000LUNC is currently in a phase of increased volatility, which opens opportunities for active traders but requires strict discipline and risk management.
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