#market Alert: $LUNC Showing Classic Accumulation Signals
The $LUNC chart is telling a clear story through its candle wicks. Every attempt to push lower is being met with immediate buying, leaving repeated rejection tails below each red candle. This isn't random noise—it's structured accumulation.
When sellers can't push price lower and buyers consistently appear at the same zone, it signals a shift in control. The energy is compressing. Each failed breakdown weakens the bearish momentum and builds latent energy for an upward move.
What to watch for:
· Continued defense of this wick zone.
· A drop in selling volume on downward attempts.
· The first strong green candle closing above recent highs.
This is how bottoms form before reversals. The market is shaking out weak hands and building a base. When this type of structure holds, the resulting move is often fast and decisive.
Patience here is key. Let the market show its hand.
