$LUNC
To determine a good entry plan for LUNCUSDT, let's analyze the current market situation and technical indicators.
*Current Price*: LUNC is trading at $0.00006095 USDT, with a 2.43% increase in the past 24 hours.
*Technical Analysis*:
- *Bullish Inverted Head and Shoulders Pattern*: LUNCUSDT has formed a bullish inverted head and shoulders pattern, indicating a potential breakout. If confirmed, the first target could be the green line level.
- *Falling Wedge Pattern*: LUNCUSDT is 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.
*Key Levels to Watch*:
- *Support Level*: The lowest support level is currently around $0.00005955, which could be a good entry point for a long position.
- *Resistance Level*: The nearest resistance level is not specified, but potential targets are $0.00007163, $0.00008068, $0.00009774, $0.00011154, and $0.00012533.
*Potential Trading Strategies*:
- *Buy*: Consider buying LUNCUSDT at the current price or near the support zone with a stop loss below $0.00005955. Potential targets are $0.00007163, $0.00008068, and higher.
- *Risk Management*: Use the nearest support level for stop placement and scale position size based on level strength. Monitor volume confirmation for exit signals.