$LUNC
LUNC / USDT – Consolidation in Progress! ⏳
LUNC is currently trading at $0.00006416, showing a small gain of +0.06%. On the 4-hour chart, the price has been moving in a tight range over the past few days, indicating a consolidation phase.
What’s Happening: The market is showing indecision as $LUNC trades sideways. A clear breakout from this range could signal the next big move.
Trade Ideas – Watch for a Breakout or Breakdown:
If Price Breaks Above Resistance ($0.0000648):
Entry: Buy on a confirmed breakout with rising volume.
Target 1: $0.0000655
Target 2: $0.0000665
Final Target: $0.0000670+ (possible test of previous highs)
Stop-Loss: Below breakout level, around $0.0000645
If Price Breaks Below Support ($0.0000635):
Entry: Sell on a confirmed breakdown with rising volume.
Target 1: $0.0000630
Target 2: $0.0000625
Final Target: $0.0000620- (possible test of previous lows)
Stop-Loss: Above breakdown level, around $0.0000638
Key Level to Watch:
The $0.0000635 - $0.0000648 range is crucial. A strong move beyond this zone with good volume could signal the next trend.
Reminder: Always do your own research before trading.
Have a great Monday afternoon in Multan!
