Binance Family $LUNC Compression Before the Move 🔎
LUNC
0.00009233
-9.44%
LUNC bounced strongly from the $0.0000370 area and is now consolidating around $0.0000387 after the impulse. On the 15m structure, price is forming higher lows while moving sideways just below local resistance, which usually shows absorption rather than distribution. Wicks on both sides are getting tighter — that’s often seen before a volatility expansion. As long as buyers defend the $0.0000380 zone, the bias stays slightly bullish.
Trade setup:
Buy zone: $0.0000380–$0.0000384
Target: $0.0000395–$0.0000402
Invalidation: Below $0.0000372