$LUNC
LUNCUSDT appears to be in a bullish trend, with several indicators suggesting potential upside. Here are the key points to consider:
- *Current Price*: $0.00006843, with a 2.59% increase in the last 24 hours
- *Pattern*: LUNC is currently moving inside a Falling Wedge pattern on the daily chart, a classic bullish setup. A breakout above the wedge resistance and the daily MA100 could trigger a strong upward move.
- *Targets*: Potential targets include $0.00009739, $0.00009850, $0.00007163, $0.00008068, $0.00009774, $0.00011154, and $0.00012533
- *Support and Resistance*: Key support is found at $0.00009210 and $0.00006100, while resistance levels are at $0.00009739 and $0.00013000
- *Market Sentiment*: The community sentiment is bullish, with a recent price increase attributed to continuous token-burning efforts on the Terra Classic network :
*Possible Scenarios:*
- *Bullish Continuation*: LUNC could continue its upward trend, targeting higher resistance levels, with potential gains of 8.04% to $0.00006757
- *Breakout*: A breakout above $0.00013000 could spark fresh buying interest, targeting $0.00013500 or higher
*Key Levels to Watch:*
- *Support*: $0.00009210, $0.00006100
- *Resistance*: $0.00009739, $0.00013000
Overall, LUNCUSDT appears to be in a bullish trend, with potential for further growth. However, it's essential to stay updated on market trends and adjust strategies accordingly.