$LUNC /USDT 1H & 1D Analysis โ Bullish Reclaim or Rejection Incoming?๐๐๐
Current Price: 0.00006710๐ฆ
Timeframe: 1H & 1D
Candle Formed: Bullish recovery candle on 1H after long wick rejection
Technical Breakdown:๐
1H Chart Insights:๐๐
Break of Structure (BOS) confirmed near 0.00006600 indicating short-term bullish bias.
Equal Highs (EQH) were taken out with a strong bullish impulse, but price faced supply zone rejection at the 0.00006710โ0.00006750 area.
Recent long-wick candle indicates some seller pressure, but price bounced from EMA support & demand zone (around 0.00006600).
Stochastic RSI is recovering from oversold, suggesting potential upside continuation.
1D Chart Insights:๐๐
$LUNC just tagged the supply zone sitting between 0.00006700โ0.00007000.
Daily structure remains fragileโmarket is trying to reclaim above 200 EMA zone.
Still under major bearish EMAs (yellow/red bands), which may act as resistances if price pushes higher.
Stochastic RSI is still in bullish territory, suggesting momentum is not exhausted yet.
Trade Strategy:๐ค๐
โ Entry: Consider entries around 0.00006670โ0.00006620 support on retest.
๐ฏTarget: Short-term TP at 0.00006970 (supply edge), extended TP at 0.00007900.
โฃ๏ธStop-Loss: Below 0.00006450 or deeper below structure invalidation.
๐คฝโโ๏ธCurrent Trade Status: Active after reclaim from mid-support. Let price confirm with bullish close before scaling in more.
Pro Tip๐จโ๐ซ๐
Watch for 4H close above 0.00006750. A confirmed breakout here opens doors toward 0.00007900+. Be cautious if it fails and closes back under 0.00006600โcould turn into a deviation trap.
Sentiment Note:๐งโ๐ซ
$LUNC is slowly creeping into old supply zones, but itโs not out of the woods.
๐จโโค๏ธโ๐จ"The market is a mirror, not a crystal ball. React to what you see, not what you hope."
Disclaimer:โ ๏ธ
This analysis is for educational purposes only. Not financial advice.
