$LUNC /USDT BULLISH OUTLOOK – BURN MOMENTUM COULD FUEL NEXT LEG UP!

With Binance confirming that $LUNC burns will continue in August, supply is set to decrease, creating a deflationary effect. This aligns with the recent uptick in price and volume, hinting at potential accumulation. If the price can hold above the current support zone, a bullish continuation could unfold toward the next resistance levels.

Trade Setup:

Entry (Long): $0.000054 – $0.000056

Targets (TP): $0.000060 / $0.000065 / $0.000070

Stop Loss (SL): $0.000050

Market Outlook:

The ongoing burns have improved sentiment and technical structure. Holding above key support keeps bulls in control; only a break below $0.000050 would invalidate the bullish scenario and open downside risk.

#LUNC #Crypto #BurnMechanism #TechnicalAnalysis #Trading

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