$LUNC USDT – Potential Reversal Setup Ahead
LUNC has been showing increased volatility with volume reaching $171M and a strong Vol/MC ratio of 68%, indicating aggressive market participation. After printing a new All-Time Low at $0.006346, price is attempting to form a short-term base for a bounce.
Trade Setup (Long Attempt After Reversal Confirmation)
Entry Range:
$0.00655 – $0.00685
Targets:
Target 1: $0.00720
Target 2: $0.00758
Target 3: $0.00825
Stop Loss (SL):
$0.00620 (below recent ATL)
Short Outlook of Market
LUNC remains in a macro bearish structure due to constant selling pressure and repeated lower lows.
