$LUNC just fired another strong move after that explosive rally and I’m watching how the price pushed back above 0.00005100 with confidence. The earlier rejection at 0.00005529 created a healthy pullback but the candles are already showing buyers stepping in again. When a chart recovers this quickly after a correction, it usually means momentum is still alive and buyers are preparing for another leg if the retest holds.
Right now LUNC is trading around 0.00005113 and I’m seeing clean absorption on every dip. The candles are forming higher lows on the micro-structure and that always tells me the market is trying to build strength again. If this base remains stable, the chart can move toward the upper liquidity levels without forcing the trend.
ENTRY POINT
0.00005060 to 0.00005140
This zone is the cleanest retest area just above the reclaimed support where buyers have been reacting strongly.
TARGET POINT
TP1: 0.00005280
TP2: 0.00005440
TP3: 0.00005580
STOP LOSS
0.00004920
HOW IT’S POSSIBLE
The quick recovery from the dip confirms that buyers are still in full control. I’m seeing strong volume, higher lows forming, and failed breakdown attempts every time sellers try pushing it under the 0.00005100 zone. If buyers continue holding this retest area, the path toward 0.00005440 becomes highly possible. With strong momentum still present, even 0.00005580 can be reached again.
Let’s go and Trade now $LUNC
