# ๐ฏ Will
$LUNC Break the Falling Wedge and Target Higher Levels? ๐
๐น Current Price: $0.00006241
๐น 24h Change: +6.94%
๐น 24h High: $0.00006417
๐น 24h Low: $0.00005742
๐น 24h Volume: 149.55B โ Strong participation signaling accumulation
#
## ๐ Technical Highlights
โ
Price is trading inside a Falling Wedge pattern stretching from 0.00008360 down to 0.00004973 โ typically a bullish reversal setup.
โ
Strong rebound from 0.00005550 with a green candle on above-average volume โ clear sign of buying demand.
โ
Declining volumes during the downtrend = weak supply, while the latest bounce showed a volume spike = real demand presence.
โ
Key resistances: 0.00007000 (wedge resistance), followed by 0.00007800 โ 0.00008500 (previous swing highs).
## ๐ฏ Take Profit Targets
- TP1: 0.00007000 โ +12%
- TP2: 0.00007800 โ +25%
- TP3: 0.00008500 โ +36%
- TP4: 0.00010000 โ +60%
๐ก๏ธ Stop-Loss Suggestion: Below 0.00005500 โ breakdown could expose 0.00004900.
## ๐ก Smart Reminder
- Holding above 0.00005550 keeps the bullish setup intact.
- Real confirmation = daily close above 0.00007000 with strong volume.
- Failure to break could mean another retest of support before attempting higher.
๐ Question for Traders:
Will
$LUNC finally break out of the wedge and aim for 0.00010000, or will sellers defend the 0.00007000 resistance? ๐ค
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