$LUNC 🚨 LUNC/USDT: High Volatility Alert - Profit Taking & Retest

$LUNC is consolidating after a massive rally, indicating a period of high volatility and decision for the price action.

Current Snapshot (from second chart):

* Price: $0.00006181

* 24h Change: +21.67% (Still strongly positive despite retracement).

* 24h High/Low: $0.00006636 / $0.00004982

* Recent High Resistance: The price has fallen back from the recent swing high of \approx 0.00008136 (from chart 1 & 2), suggesting profit-taking and a technical correction after being heavily overbought (RSI at 72.377 in one analysis).

Technical Indication (4-Hour Chart):

* Structure: LUNC has successfully held the previous consolidation range (around the 0.000048 - 0.00005 zone shown in the charts) after the sharp pull-back, which is a bullish sign of support being re-established.

* Moving Averages (MAs): The price is trading well above the MA(5) and MA(10) lines, and the MAs themselves are in a strong bullish alignment (MA5 > MA10), confirming the short-term uptrend is intact.

* Outlook: Key is holding the 0.00006 level. If sustained, a retest of the recent high at \approx 0.000081 is plausible. A break below 0.00005 could signal a deeper correction.

Key External Factor:

* Legal Uncertainty: Keep a close watch on the outcome of Do Kwon's upcoming sentencing on December 11, which may inject fresh volatility into the LUNC and LUNA ecosystem.

Trade Safely. DYOR/NFA. #LUNC #TerraClassic #Crypto #BinanceSquare