# šÆ Will $LUNC Break the Falling Wedge and Target Higher Levels? š
š¹ Current Price: $0.00006241
š¹ 24h Change: +6.94%
š¹ 24h High: $0.00006417
š¹ 24h Low: $0.00005742
š¹ 24h Volume: 149.55B ā Strong participation signaling accumulation
#
## š Technical Highlights
ā Price is trading inside a Falling Wedge pattern stretching from 0.00008360 down to 0.00004973 ā typically a bullish reversal setup.
ā Strong rebound from 0.00005550 with a green candle on above-average volume ā clear sign of buying demand.
ā Declining volumes during the downtrend = weak supply, while the latest bounce showed a volume spike = real demand presence.
ā Key resistances: 0.00007000 (wedge resistance), followed by 0.00007800 ā 0.00008500 (previous swing highs).
## šÆ Take Profit Targets
- TP1: 0.00007000 ā +12%
- TP2: 0.00007800 ā +25%
- TP3: 0.00008500 ā +36%
- TP4: 0.00010000 ā +60%
š”ļø Stop-Loss Suggestion: Below 0.00005500 ā breakdown could expose 0.00004900.
## š” Smart Reminder
- Holding above 0.00005550 keeps the bullish setup intact.
- Real confirmation = daily close above 0.00007000 with strong volume.
- Failure to break could mean another retest of support before attempting higher.
š Question for Traders:
Will $LUNC finally break out of the wedge and aim for 0.00010000, or will sellers defend the 0.00007000 resistance? š¤