$LUNC just printed a short-term bounce, and this move was **not random**. Here’s what’s happening under the hood 👇
📊 **1️⃣ Price Reaction from Strong Support** LUNC dropped into the **0.0000364 – 0.0000366 support zone**, which has acted as a demand area multiple times before. ➡️ Sellers lost momentum here ➡️ Buyers stepped in aggressively
This level triggered **short covering + dip buying**, causing the bounce.
📈 **2️⃣ Supertrend Signal Flip (1m Timeframe)** On the 1-minute chart, **Supertrend (10,3)** started flattening after a clear downtrend. ➡️ Red candles weakened ➡️ First green candle closed above local lows
This often signals a **short-term trend reversal or relief bounce**.
📉 **3️⃣ MACD Shows Bearish Exhaustion** MACD histogram was deep red but started **shrinking**, indicating: ✔ Selling pressure is fading ✔ Momentum is stabilizing
Even without a bullish crossover yet, this setup commonly precedes **dead-cat bounces or scalp pumps**.
💧 **4️⃣ Liquidity Sweep Below Lows** Price briefly swept below **0.0000366**, likely triggering: ❌ Stop-losses ❌ Late short entries
After liquidity was collected, price bounced — a classic **market maker move**.
📊 **5️⃣ Volume Confirmation** The bounce came with a **volume spike**, confirming it wasn’t just a random wick. ➡️ Real buyers entered ➡️ Short-term confidence returned
⚠️ **Important Note** This is a **short-term technical pump**, not a long-term trend reversal yet. For continuation: ✔ Price must hold above **0.0000370** ✔ Volume must stay strong
Otherwise, rejection at resistance can send LUNC back into range.
🧠 **Conclusion** LUNC pumped due to: ✔ Support bounce ✔ Supertrend shift ✔ MACD exhaustion ✔ Liquidity grab
Trade smart. Don’t FOMO. Let confirmation lead the way 🚀 #LUNC #CryptoAnalysis #BinanceSquare #Altcoins #PriceAction If you want, I can also: * Rewrite this **more bullish / more neutral** * Add **entry–exit levels** * Convert it into a **short viral post** * Or analyze **higher timeframes (15m / 1h)**
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