📌 Important update on the movement of LUNC
The current price movement indicates that LUNC is still moving within a weak range after the recent drop. It reached a level of 0.00006166 and bounced from it, but it is still below any clear breakout of nearby resistances.
🔍 Key technical observations:
The price is moving around 0.00006570 without a strong upward trend.
Short-term moving averages are still above the price, confirming continued selling pressure.
Trading volume is high, indicating significant interest in the currency in recent hours.
Nearest resistance: 0.00006770
Nearest support: 0.00006280
📈 Conclusion:
The currency is in a waiting phase, and there is no clear signal for sustained upward movement yet. Any entry requires careful monitoring for a breakout of resistance or a breakdown of support before making a decision.
$LUNC $
