$LUNC Bounces, But Is It Enough? š
Entry: 0.00006200 š©
Target: 0.00006780 šÆ
Stop Loss: 0.00006050 š
$LUNC is fighting back, attempting a short-term recovery bounce from its recent lows. While we're seeing some green candles, the overall trend remains weak with bears firmly in control. Sellers are still dominating, evident by higher volume on down-swings.
The key resistance sits around 0.00006850. A decisive break above this level with strong volume is needed to shift the larger trend. For now, a clean long scalp from the lower support zone is possible, but caution is advised. If price rejects from the 0.00006800-0.00006900 resistance, expect further downside.
This is not financial advice.
LUNC
0.00005658
-9.71%