$LUNC is stabilizing after defending the 0.0000385 base and price is now holding around 0.0000392. Buyers absorbed the downside move and prevented further breakdown which shifted short term momentum back toward balance.

The 1h structure shows a recovery bounce from the lows followed by consolidation which usually appears when price is deciding the next direction. Selling pressure weakened after the sharp rejection and demand stepped in near the base.

If price holds above the current support zone continuation remains possible.

Here is my full setup from this chart.

Entry Point

0.0000391 – 0.0000385

Target Point

TP1: 0.0000400

TP2: 0.0000412

TP3: 0.0000430

Stop Loss

0.0000379

It is possible because buyers defended the lower range and reclaimed 0.0000390. As long as $LUNC stays above 0.0000385 the next push toward 0.0000400 remains in play.

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$LUNC

LUNC

0.00003895

-0.23%