📊 Technical Analysis — LUNC/USDT (1h)
LUNC shows strong appreciation, priced at $0.00006316, with +29% in the last 24h.
📌 Trend:
• Clear upward trend with a sequence of higher highs and higher lows.
• Recent breakout of resistance at $0.00005864.
• 7-period Moving Average (MA7) is at $0.00005930, serving as the first support.
📉 Technical Indicators:
• RSI(6): 76.18 — overbought region, indicates a possible correction in the short term.
• RSI(12): 68.23 — still strong, but close to the limit.
• High volume in the last hours confirms buyer interest.
📈 Moving Averages:
• MA(7): $0.00005930
• MA(25): $0.00005500
• MA(99): $0.00005676
All pointing upwards — well-defined bullish structure.
🔍 Zones of Interest:
• Resistance: $0.00006586 (recent high)
• Immediate support: $0.00005930
• Buying zone: between $0.00005800 and $0.00005500 (technical pullback)
📌 Summary:
The asset is in a strong uptrend, with good volume and buying strength. However, RSI indicates overbought — a slight correction or lateral movement may occur before another push.
Strategy: avoid entries at the top and observe pullbacks to moving averages for better risk/return ratio.
