$LUNC The Neutral/Consolidation Case (Range Bound)

Headline: LUNC at a Crossroads – Consolidation or Accumulation? ⚖️

$LUNC is currently caught in a tight sideways range between 0.00003750 and 0.00004100. While the recent volatility has cooled off, the chart is preparing for its next major move.

The Neutral Reality:

RSI & StochRSI Reset: Both indicators have hit "oversold" levels and are now flattening out. This suggests a temporary equilibrium between buyers and sellers.

Volume Dry-up: Trading volume has decreased, which usually happens right before a "volatility squeeze." The market is waiting for a catalyst.

Fundamental Backdrop: With the v3.6.1 upgrade successfully implemented and community burns ongoing, the floor seems solid, but the "buy pressure" to break resistance isn't quite there yet.

The Game Plan: * Break Above 0.00004100: Confirms a bullish recovery toward 0.00004500.

Break Below 0.00003750: Suggests a deeper retest of the 0.00003500 support zone.

Verdict: Patience is key. Range traders are buying the bottom and selling the top of this box until a decisive breakout occurs.

Are you accumulating here, or are you waiting for the breakout? 🕒

#LUNC #CryptoMarket #TechnicalAnalysis #Consolidation #BinanceSquare

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