1. Summary
$LUNC is moving within a narrow range around 0.0000592 USDT; actual scenario: trade according to breakout with volume or buy pullback that is rejected. • Need to monitor upgrade/exchange (there has been a notice to temporarily suspend deposits/withdrawals during the upgrade) as they affect liquidity.
2. Analysis
Short-term bias: neutral → lean bullish if it breaks and holds 1H close > 0.00006035 with increasing volume; support at 0.00005883 and swing low at 0.00005730; first target resistance at 0.0000627. 1H RSI ~47–50 (neutral), volume not strong yet → needs confirmation with volume to avoid false break. Basically, LUNC still has a very large supply (circulating ~5.5T according to market sources) and the community is discussing improvements/burn-tax — this factor is both a catalyst and increases the risk of dilution/volatility.
3. Strategy
Entry:
• Scenario A (breakout): buy on probe when 1H closes > 0.0000605 with increasing volume (limit/probe).
• Scenario B (pullback): buy on wick rejection at 0.0000588–0.0000584 with a 1H reversal candle.
Stop-loss:
• Breakout SL = 0.0000578 (below consolidation/recent demand).
• Pullback SL = 0.0000568 (below swing low to avoid getting swept).
TP1 / TP2:
• TP1: 0.0000609–0.0000627 (take profit partially near the supply area).
• TP2: 0.000066–0.000070 (target extension; reduce if liquidity is thin).
Exit triggers: large inflows into CEX, announcements of unlock/vesting, or failure of upgrade/patch → trim/exit early. (Prioritize limit/probe; avoid market entry when spread/volume is thin.)
