$LUNC LUNC Update: Testing Support Levels

$LUNC is currently showing some bearish pressure on the 4H chart, trading around 0.00003849 (-4.75%).

Key Technical Observations:

RSI (6): Sitting at 26.27, indicating the asset is in oversold territory. This often precedes a relief bounce or consolidation.

Price Action: We are seeing a pullback after the recent peak at 0.00004186. The immediate support to watch is the 0.00003610 zone.

Volume: Selling volume has picked up slightly during this descent, so caution is advised until a clear reversal pattern forms.

Watching for: A bounce from the 0.00003700 - 0.00003800 support area to reclaim the 0.00004000 psychological level.

Are you buying the dip or waiting for more confirmation? 👇

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Disclaimer: This post is for informational purposes only and does not constitute financial advice. Always conduct your own research before investing.