⚠️ $LUNC KEY ANALYSIS: EXTREME VOLATILITY AND MIXED SIGNALS! 🔥📉📈
The Binance AI just updated the report on $LUNC an hour ago, and here are the most important things you need to know:
🔥 1. Do Kwon's Trial: heavy blow to the price
The 15-year prison sentence for founder Do Kwon had an immediate impact:
👉 sharp price drop
👉 increased fear in the market
👉 exit of speculative capital
🔧 2. Network Update (v3.6.1): positive point
The blockchain approved an important update, focused on:
– more security
– better performance
– internal ecosystem improvements
It's a technically positive point, but it still doesn't offset the negative narrative.
📉 3. Technical Signals: bearish, but…
The bearish momentum continues to dominate.
Buuut:
👉 the MACD shows a small crossover that opens the door to a possible short-term reversal.
🧨 Quick Conclusion
$LUNC is caught between:
✔️ a negative fundamental (trial)
✔️ a technical improvement (network update)
✔️ and a chart that remains weak, although with an attempt at a technical rebound.
Perfect for trading cautiously, but also to take advantage of volatility if you know how to read the levels.
