$LUNC / USDT ā Bullish Momentum Building? š
$LUNC is currently trading at $0.00006470, showing positive momentum with a +1.51% increase. The 4-hour chart reveals a consistent uptrend, suggesting potential for further gains.
š Potential Long Trade Setup:
* Current Price: $0.00006470
* Potential Entry: Consider entries on minor pullbacks, watching for support around $0.00006400.
* Initial Take Profit (TP): $0.00006600 (testing recent highs)
* Further Take Profit (TP2): $0.00006680 (24-hour high)
* Stop Loss (SL): $0.00006350 (below recent swing low to protect against a trend reversal)
š„ Outlook:
The increasing price action, coupled with significant 24-hour volume in LUNC (93.11B), indicates strong buying interest. If this momentum continues, $LUNC could potentially break through recent resistance levels. However, always be mindful of market volatility and set appropriate stop-loss orders.
