$LUNC LUNC Technical Setup: MACD Update 📊🔥
The market flush has left a clear trail on the charts. Here is the breakdown of the two most critical indicators for $LUNC right now:
1. MACD (Moving Average Convergence Divergence) 📉
The Setup: On the 4H and Daily timeframes, the MACD line is currently sitting below the signal line (bearish), but the histogram is beginning to fade from deep red to light red.
The Reversal Signal: We are looking for a Bullish Cross (the blue MACD line crossing above the orange signal line). This would confirm that the downward momentum has exhausted and the "reversal" is officially in play.
Watch for: A "Bullish Divergence" where the price makes a lower low, but the MACD makes a higher low. This is a classic "Buy" signal for a trend shift.Disclaimer: This post is for informational purposes only and does not constitute financial advice. Always conduct your own research before investing.
