$LUNC
BULLISH REVERSAL SETUP
$LUNC is showing a strong bullish reversal after bouncing from a key demand zone. The recent price action indicates growing buyer confidence, with consistent higher lows forming on the 4H chart. Momentum indicators such as RSI and MACD confirm renewed strength, suggesting the potential for a continuation move toward higher resistance levels. A sustained move above the minor resistance zone could trigger an extended bullish rally.
Technical Outlook:
Trend: Bullish reversal in progress
Structure: Higher lows and strong bullish candles
Momentum: RSI recovering above 50, MACD showing positive divergence
Targets (TP):
TP1: 0.00004800
TP2: 0.00005000
TP3: 0.00005400
Stop Loss (SL): 0.00004200 below key support zone
Risk Management:
Risk strictly 1–2% per position, move SL to breakeven once TP1 is reached to secure gains.