$LUNC Technical Analysis (Focus on Price Action)
Headline: $LUNC Holding the Line – Bullish Breakout or Trap? 📉🚀
Current Setup: LUNC is up +7.51%, trading at 0.00004022. It has successfully reclaimed the EMA(7) and EMA(25), signaling a shift in short-term momentum.
The RSI Signal: RSI is at 61.9—strong but not overbought. This suggests buyers still have gas in the tank to push higher.
Next Target: The big test is the EMA(99) at 0.00004270. A daily candle close above this level could open the gates to 0.00004410.
Risk Zone: If we fail to hold 0.00003880 (EMA 7), expect a retest of the recent support floor at 0.00003610.
Are you accumulating here or waiting for the breakout? 👇 it's not a financial advise
