LUCE Coin at Risk of Dump After Massive Pump – Whales Begin Exit Strategy

After an explosive rally that saw LUCE Coin skyrocket by over 300% in just a few days, signs are now pointing toward an incoming correction. On-chain data reveals that several large wallet holders — most likely whales and early investors — have started withdrawing and selling off their LUCE holdings, sparking concerns of a potential dump.

The coin, which gained rapid attention for its unexpected surge, is now losing momentum. Trading volumes are showing a decline, and investor sentiment is turning cautious. Market analysts warn that this kind of activity usually indicates the peak of a pump-and-dump cycle.

One analyst noted, “LUCE has hit strong resistance. If the sell-off continues, it could drop back to support levels near $0.0089.”

Social media hype has cooled, and RSI indicators suggest the coin was heavily overbought during the rally. With major holders cashing out, retail investors could be left holding the bag if caution isn’t exercised.

Unless new buying pressure steps in, LUCE may be heading toward a short-term correction. Traders are advised to watch the $0.0089 level closely as a possible downside target.