💥💥💥 EVERYTHING YOU NEED TO KNOW ABOUT THE CHART OF $LUNC NOW:
HIGH OR LOW??? WHAT TO EXPECT 🤔🤔🤔
✅ 1. Current Trend (short term)
The price is in a strong upward trend.
You can see this by:
Price above the moving average (MA60) — this confirms that the market is in a buying phase.
The yellow line of the price chart is making higher highs and higher lows, which is a bullish pattern.
✅ 2. Volume
The volume has had a significant increase, especially in the green bars:
Increasing volume confirms the strength of the upward trend.
When there's a rise + high volume → more reliable movement.
✅ 3. Moving Averages (MA5 and MA10)
The MA5 (yellow) is above the MA10 (blue).
This indicates continuation of the upward movement in the very short term.
However, they are starting to get closer, and this could be a sign of:
loss of strength
possible slight correction before continuing to rise
✅ 4. MACD
The MACD is showing:
DIF and DEA very close, almost touching.
MACD (bars) decreasing — this indicates a reduction in buying strength.
👉 This is not a reversal yet, but suggests that the price may take a break.
✅ 5. Technical Summary
Positive Points:
Strong rise
Increasing volume
Price above the averages
Bullish structure (higher highs and higher lows)
Points of Attention:
MACD losing strength
MA5 and MA10 starting to get close
After a strong rise like this, it is common for the price to make a slight correction
📌 Possible Scenarios
🔼 Bullish Scenario (most likely now)
If it continues above the MA10, it may seek again:
0.00005970 – 0.00006000 (recent resistance)
🔽 Correction Scenario
If it loses the MA10 in the short term:
Immediate support: 0.00005725
Stronger support: 0.00005588 (MA60)
⚠️ Conclusion
The chart is clearly in an upward trend, with the possibility of more rises, but showing early signs of weakness in the momentum — which could lead to a slight correction before continuing.
