$LUNC is breaking down aggressively, and sellers are clearly in full control as price continues to slip below intraday support. Every bounce is getting weaker, showing strong bearish pressure and no sign of recovery yet........

This clean rejection zone above acts as the ideal short-entry pocket momentum favors continuation to the downside as long as price stays under that level.......

Trade Setup

Entry Range: 0.00004970 – 0.00005080

Target 1: 0.00004680

Target 2: 0.00004550

Target 3: 0.00004073

SL: 0.00005473

LUNC

0.00005021

-11.41%

Ready for the next chart anytime.