$LUNC | At the Resistance Level!
The price is currently at 0.0639. There is a clear rising bottom pattern on the 4H chart. However, the critical zone is right in front of us:
Resistance: 0.072 – 0.081
Support: 0.056 – 0.048
This band has been rejected twice before. Now the third test is coming.
If it closes above 0.072, momentum will continue.
If it stays below, it could swing back to the 0.056 band.
RSI is again at 78, meaning we are in a very stretched position in the short term.
LUNC
0.0000637
+8.26%