$LUNC /USDT: Is a Micro-Reversal Brewing?
Current Price: 0.00006565 (-7.20%)
Timeframe: 15m
Volume Spike Detected | EMA Signals in Play
LUNC has shown a short-term bounce after touching a fresh 24h low at 0.00006440, indicating possible buyer interest at that support level.
Key Observations:
• EMA Crosswatch: Price is attempting to reclaim the EMA(7) and push towards EMA(25) at 0.00006616. A short-term bullish momentum could form if this crossover sustains.
• Bullish Candle Formation: Recent green candles show increased momentum, supported by a strong uptick in volume.
• MACD Recovery Potential: While not shown fully here, a rising MACD curve could confirm short-term bullishness.
• Resistance Ahead: Key resistance at 0.00006622 and 0.00006679 (EMA99). Watch closely.
Strategy Idea:
Scalpers can eye opportunities above 0.00006580 with tight stop-loss below 0.00006440. A confirmed close above EMA(25) could open gates for 0.00006800+ levels.
Sentiment Check:
• 7D Return: +12.92%
• 30D Return: +11.10%
• 1Y Trend: Still bearish (-35.94%) – caution on longer timeframes!
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What’s your LUNC strategy? Are we seeing a classic short squeeze or just a dead cat bounce?
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