$LUNC isn’t done yet! This consolidation could be the fuel before the next explosion 🚀🔥LUNC just made a powerful upside rally and touched the 0.00007000 area before facing rejection. After that, price pulled back and is currently consolidating around 0.00006120 on the 1H chart.
👉 This type of structure usually forms after a big impulse when the market takes a breather before deciding the next move.
Above 0.00005800
Long scalp
Targets: 0.00006400 → 0.00006700 → 0.00007000
SL below 0.00005700
Below 0.00005800
Avoid longs and wait for support retest
LUNC
0.00005436
+7.66%