Is this massive accumulation pattern on $LUNC the ultimate setup before a devastating short squeeze?
Everyone who gave up on Terra Classic is about to watch in absolute shock. Looking at the 1h chart right now, $LUNC is trading at $0.00007230, up +0.61% and forming a violent higher-low structure. The bears desperately tried to drag it down to the 24h low of $0.000006925, but the buyers stepped in with immense force, driving a massive 24h volume of 35.98B LUNC ($2.57M USDT).
The sellers are officially exhausted, and liquidity is drying up right below the 24h high of $0.00007310. I am opening a massive long position here because the technical setup is a ticking time bomb. When this breaks out past the current resistance, the urgency to buy back in is going to trigger an unstoppable parabolic run.
Everyone who gave up on Terra Classic is about to watch in absolute shock. Looking at the 1h chart right now, $LUNC is trading at $0.00007230, up +0.61% and forming a violent higher-low structure. The bears desperately tried to drag it down to the 24h low of $0.000006925, but the buyers stepped in with immense force, driving a massive 24h volume of 35.98B LUNC ($2.57M USDT).
The sellers are officially exhausted, and liquidity is drying up right below the 24h high of $0.00007310. I am opening a massive long position here because the technical setup is a ticking time bomb. When this breaks out past the current resistance, the urgency to buy back in is going to trigger an unstoppable parabolic run.