$LUNC / USDT – Bullish Reversal in Progress

Current Price: $0.00006243 (+0.06318% from last close)

Key Development: Price is testing the 38.2% Fibonacci retracement at $0.00006485, a major resistance level. A breakout above could confirm a bullish reversal.

Fibonacci & Price Levels

Retracement: Testing 38.2% Fib ($0.00006485)

Resistance: $0.00006485

Support: $0.00005000

RSI

Value: 41

Outlook: Neutral momentum, leaving room for upward movement.

Entry Zones

Conservative: $0.00005970 – $0.00006490

Rationale: Aligns with the 38.2% Fib, offering balanced risk/reward.

Aggressive: $0.00005793 – $0.00005900

Rationale: Near recent support, better suited for higher-risk entries.

Take-Profit Targets

TP1: $0.00006622 (61.8% Fib) → Possible rejection at prior resistance.

TP2: $0.00007163 → Beyond 61.8% Fib, aiming for higher resistance.

Stop-Loss Suggestions

Conservative: $0.00005550 → Below key support, reducing downside risk.

Tight: $0.00005793 → Just under recent support, ideal for short-term risk control.