lunc

$LUNC just printed a short-term bounce, and this move was **not random**. Here’s what’s happening under the hood 👇

📊 **1️⃣ Price Reaction from Strong Support**
LUNC dropped into the **0.0000364 – 0.0000366 support zone**, which has acted as a demand area multiple times before.
➡️ Sellers lost momentum here
➡️ Buyers stepped in aggressively

This level triggered **short covering + dip buying**, causing the bounce.

📈 **2️⃣ Supertrend Signal Flip (1m Timeframe)**
On the 1-minute chart, **Supertrend (10,3)** started flattening after a clear downtrend.
➡️ Red candles weakened
➡️ First green candle closed above local lows

This often signals a **short-term trend reversal or relief bounce**.

📉 **3️⃣ MACD Shows Bearish Exhaustion**
MACD histogram was deep red but started **shrinking**, indicating:
✔ Selling pressure is fading
✔ Momentum is stabilizing

Even without a bullish crossover yet, this setup commonly precedes **dead-cat bounces or scalp pumps**.

💧 **4️⃣ Liquidity Sweep Below Lows**
Price briefly swept below **0.0000366**, likely triggering:
❌ Stop-losses
❌ Late short entries

After liquidity was collected, price bounced — a classic **market maker move**.

📊 **5️⃣ Volume Confirmation**
The bounce came with a **volume spike**, confirming it wasn’t just a random wick.
➡️ Real buyers entered
➡️ Short-term confidence returned

🎯 **Key Levels to Watch**
🔹 Support: **0.0000364 – 0.0000366**
🔹 Resistance: **0.0000375 – 0.0000383**

⚠️ **Important Note**
This is a **short-term technical pump**, not a long-term trend reversal yet.
For continuation:
✔ Price must hold above **0.0000370**
✔ Volume must stay strong

Otherwise, rejection at resistance can send LUNC back into range.

🧠 **Conclusion**
LUNC pumped due to:
✔ Support bounce
✔ Supertrend shift
✔ MACD exhaustion
✔ Liquidity grab

Trade smart. Don’t FOMO. Let confirmation lead the way 🚀
#LUNC #CryptoAnalysis #BinanceSquare #Altcoins #PriceAction
If you want, I can also:
* Rewrite this **more bullish / more neutral**
* Add **entry–exit levels**
* Convert it into a **short viral post**
* Or analyze **higher timeframes (15m / 1h)**