$LUNC LUNC/USDT is currently going through a correction phase after the previous upward movement. Let’s analyze the situation based on the indicators:

1. Is this a correction phase?

✅ Yes, several signs indicate that the price is in a correction rather than a full reversal:

• The price dropped after reaching 0.00008360, but it hasn’t broken a major support level yet.

• There is no sudden crash; instead, we see fluctuations with a gradual decline, suggesting an ongoing correction.

• RSI is still in the neutral zone (35-42), indicating weak buying momentum but not yet oversold.

• OBV remains stable, meaning selling pressure isn’t too aggressive but rather part of the correction process.

2. Will the correction end soon?

• If the price holds above 0.00007566 and does not break below, the correction might be nearing its end, and an upward move could follow.

• If 0.00007127 is broken, the correction could turn into a real downtrend rather than just a pullback.

3. How do we know when the correction is over?

• A strong rebound from a key support level (such as 0.00007566 or 0.00007127).

• An increase in trading volume along with a strong green candle.

• RSI breaking above 50, signaling a return of bullish momentum

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