LUNC is hovering around $0.000064, struggling to find clear direction amid conflicting technical signals. The token has been in a prolonged bearish trend, consistently testing critical support levels over the years. However, something interesting is unfolding—is LUNC gearing up for a massive comeback?
🔍 Key Support at $0.000054 – Quadruple Bottom?
The $0.000054 level has acted as a major floor since 2022. LUNC has bounced off this zone multiple times—June 2022, September 2023, July 2024, and now March 2025. A quadruple bottom formation could be taking shape, a pattern known for triggering explosive reversals. If history repeats itself, a strong bounce from here could send LUNC skyrocketing.
⚠️ The Bearish Case: Descending Triangle Breakdown?
While bulls anticipate a rebound, bears are eyeing a descending triangle pattern, a classic bearish continuation setup. A decisive drop below $0.000055 could trigger massive sell-offs, opening doors for lower lows. If this breakdown happens, LUNC could plunge into uncharted bearish territory.
🚀 The Bullish Scenario: 300% Surge Incoming?
If bulls manage to break above the descending trendline, LUNC could witness a parabolic move toward its 2024 high of $0.0002792—a staggering 300% surge from current levels! The key lies in volume confirmation and a clean break above the trendline resistance.
🔥 What’s Next?
Above $0.00007? Bullish breakout confirmed! 🚀
Below $0.000055? Bears take control. 🔻
Holding $0.000054? Quadruple bottom in play!
🔹 Conclusion: LUNC is at a crossroads. If the bulls step in, a major rally could be brewing—but if sellers dominate, downside risks remain high. Keep an eye on these critical levels as LUNC gears up for its next big move!
