$LUNC
### Technical Analysis for LUNC/USDT (4H & 1H Timeframes)
#### **Key Levels**
| **Type** | **Price** | **Significance** |
|----------------|-----------------|-----------------------------------------------|
| **Strong Support** | 0.00005714 | 24H Low + Order Book Concentration |
| **Secondary Support** | 0.00005388 | Depth Chart Floor (Critical) |
| **Strong Resistance** | 0.00005875 | 24H High + Major Sell Wall |
| **Target Resistance** | 0.00006000 | Psychological Barrier |
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### **4-Hour Chart Analysis**
1. **Price Action & Range:**
- Price is **consolidating** between **0.00005714–0.00005875** (tight 2.8% range).
- Lower highs forming: Indicates **bearish pressure** within the range.
- Immediate bias: **Neutral-to-bearish** unless resistance breaks.
2. **Volume & OBV:**
- **OBV (748B) > MA(9)/EMA(20)**: Buying volume is accumulating, but price isn’t rising → **Bullish divergence warning**.
- Declining volume during bounces: Lacks conviction for breakout.
3. **Critical Pattern:**
- **"Descending Triangle"** forming (lower highs + flat support at 0.00005714).
- Breakdown risk if 0.00005714 fails.
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### **1-Hour Chart Analysis**
1. **Short-Term Momentum:**
- Repeated rejection at **0.00005800** (minor resistance).
- RSI (not shown) likely near 40-50 (neutral).
- Sharp volume spikes on dips: Defending support at 0.00005714.
2. **Order Book Clues:**
- **Bid Support**: Large buy orders stacked at 0.00005714.
- **Ask Resistance**: Massive sell walls at 0.00005875.
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### **Trading Strategy**
#### ✅ **Entry Points:**
1. **Long Entry (Conservative):**
- **Trigger**: Bounce from **0.00005714** with:
- Bullish 1H candle closing above **0.00005750** AND
- Rising OBV/volume.
- **Target**: 0.00005875 (2.8% gain).
- **Stop Loss**: 0.00005690 (just below support).
2. **Long Entry (Aggressive):**
- **Trigger**
