LUNC is green again…🟢 but I don’t think the danger is gone yet.😱
LUNC just bounced back to 0.00006112 after dropping all the way near 0.00005769.
At first, it looks like the Green Candle Clan finally defended the battlefield. The bounce is clean, buyers are showing up, and the candle looks strong again.
But this is the part I’m watching carefully…
The RSI is already running hot, and LUNC is now close to the zone where fake recoveries usually get tested. If it can break above 0.0000615–0.0000623, the recovery can become serious.
But if it gets rejected here, this green candle might only be bait before the Red Candle Clan attacks again.
So right now, I’m not calling it bullish yet.
I’m calling it dangerous.
What do you think?
Is this the start of a real LUNC recovery… or just a bull trap before another drop?
Poll:🔥🔥🔥🔥
A. Real recovery
B. Bull trap
C. Retest 0.000060 first
D. BTC will decide
$LUNC 🔥🔥🔥🔥
#LUNC #TerraClassic #cryptotrading #BinanceSquare
LUNC just bounced back to 0.00006112 after dropping all the way near 0.00005769.
At first, it looks like the Green Candle Clan finally defended the battlefield. The bounce is clean, buyers are showing up, and the candle looks strong again.
But this is the part I’m watching carefully…
The RSI is already running hot, and LUNC is now close to the zone where fake recoveries usually get tested. If it can break above 0.0000615–0.0000623, the recovery can become serious.
But if it gets rejected here, this green candle might only be bait before the Red Candle Clan attacks again.
So right now, I’m not calling it bullish yet.
I’m calling it dangerous.
What do you think?
Is this the start of a real LUNC recovery… or just a bull trap before another drop?
Poll:🔥🔥🔥🔥
A. Real recovery
B. Bull trap
C. Retest 0.000060 first
D. BTC will decide
$LUNC 🔥🔥🔥🔥
#LUNC #TerraClassic #cryptotrading #BinanceSquare