$LUNC – MOMENTUM SHIFTING DOWN
$LUNC has shown clear rejection from the 0.00005850 supply zone after a strong upside move, followed by profit-taking pressure. Price is now losing momentum below the mid-range support, indicating a short-term bearish retracement phase. If 0.00005000 breaks decisively, further downside expansion toward lower liquidity zones becomes highly likely.
The structure suggests distribution after hitting recent targets, with sellers temporarily taking control.
TRADE SETUP (SHORT)
Entry Zone: 0.00005150 – 0.00005300
Take Profit 1: 0.00004980
Take Profit 2: 0.00004820
Take Profit 3: 0.00004650
Stop Loss: 0.00005580
Market is cooling off after a strong bullish leg. Momentum is weakening and lower highs are forming on intraday structure. A breakdown below 0.00005000 confirms continuation of corrective pressure. However, if price reclaims 0.00005350, a temporary relief bounce toward resistance cannot be ruled out.
Buy now and trade here on $LUNC
