LTF Analysis of #lunc:
$LUNC on the 4-hour chart is showing strength within a well-defined horizontal channel. Currently, LUNC is trading near the horizontal support zone, which has so far acted as a strong base. This suggests that $LUNC may have already established its swing low.
If the $BTC presents a "dead cat bounce" here, LUNC looks poised for an upward move, first to the mid-level of the channel and then potentially to the upper boundary. A long position in LUNC makes sense here, with the invalidation maintained just below the horizontal channel to manage risk.
