$LUNC Crucial Support Levels 📉

The $LUNC chart is currently showing a period of consolidation after a recent dip. Here is the quick breakdown of what to watch:

Current Price: 0.00003874

Support Zone: Holding around the 0.00003800 level. If this breaks, we could see further downward pressure.

Resistance: Immediate resistance sits near 0.00004186. A breakout above this with volume is needed for a bullish reversal.

RSI (6): Currently at 31.22, signaling that the asset is nearing the oversold region, which may attract buyers soon.

The Narrative: The market is reacting to recent legal developments involving Jump Trading and the ongoing burn updates. While Binance continues its monthly burns, the price remains sensitive to broader market sentiment and ecosystem news.

Keep an eye on the volume—high volume at these support levels could signal a "buy the dip" opportunity! 🚀

#LUNC #TerraClassic #CryptoTrading #BinanceSquareFamily #PriceAnalysis

Disclaimer: This post is for informational purposes only and does not constitute financial advice. Always do your own research (DYOR) before investing in volatile assets.