They have enjoyed the party, but the chart is about to slap back. With a rise of +138% and the RSI boiling over 94, the indicators do not lie: $LUNC is in forced correction zone. The bearish rebound is not a possibility, it is a matter of time. 📉 Three Signals That The Bubble Is About To Burst: RSI in Cataclysm Mode (94+!): The Relative Strength Index (RSI) is screaming "extreme overbought". This is not sustainable. The law of trading gravity dictates that, after a vertical movement like this, profit-taking will be brutal. Those who do not sell will be liquidated.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.