$LUNC LUNC Update: Testing Support Levels

​$LUNC is currently showing some bearish pressure, trading around the 0.000039 level with a -3.24% dip in the last 24 hours.

​Key Technical Observations:

​Price Action: After hitting a local high of 0.00004186, the price has pulled back and is currently hovering near the 0.00003835 support zone.

​RSI (6): Currently at 41.8, indicating a neutral-to-bearish momentum. We aren't in "oversold" territory yet, but the downward slope suggests cautious trading.

​Volume: We saw a significant volume spike earlier (green bar), but recent buying pressure has cooled off.

​What to watch: If $LUNC can hold this 0.000038 level, we might see a consolidation phase. However, a break below could lead to further testing of the 0.00003610 range. Stay vigilant and manage your risks!

​#LUNC #TerraClassic #CryptoTrading #TechnicalAnalysis #BinanceSquare

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