$LUNC USDT BEARISH PRESSURE PERSISTING AS PRICE RETESTS KEY SUPPORT ZONE
LUNC is currently trading at 0.00005243, showing a slight decline as sellers continue to dominate the market. The chart indicates a downward trajectory, with the price hovering just above the Recovery Zone around 0.00005000, which now acts as a crucial support level.
๐ Key Levels to Watch
Major Resistance Levels:
โข 0.00005600
โข 0.00005800
โข 0.00006000
These levels need to be reclaimed for any sustainable bullish momentum.
Immediate Support Levels:
โข 0.00005243 (current price)
โข 0.00005000 (Recovery Zone โ critical support)
A breakdown below this zone could trigger deeper bearish continuation.
๐ Trade Setup โ Bearish Continuation
Bias: Short
Entry: 0.00005200 โ 0.00005300 (after a weak bounce or rejection)
Take-Profit (TP) Levels:
TP1: 0.00005000
TP2: 0.00004800
TP3: 0.00004600
Stop-Loss (SL): 0.00005550 (above the nearest resistance)
This setup anticipates continuation of the current bearish momentum unless bulls reclaim key levels.
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๐ Final Message
Every dip, every correction, and every hesitation in the market is simply part of the journey. Stay focused, stay disciplined, and keep moving forward โ progress is built one smart decision at a time. You've got this! ๐
