#Binance
ATTENTION: We will conduct a technical price analysis $LUNC !📝📊📄📈😎🤔
The daily chart shows that LUNC has shown a strong recovery in recent days. This movement occurred after a drop to an important support level at $0.000057, which had already acted as support in July, August, February, and March. The token has now surpassed a downward trend line that connects the higher swing points since January 20, invalidating the descending triangle pattern that had been forming.
Additionally, the price of LUNC has exceeded its 50-day moving average. Notably, the Awesome Oscillator and the MACD indicator have crossed the zero line, continuing to display a bullish divergence pattern.
If this momentum continues, the price of LUNC could rise to the next key resistance level at $0.0001, representing a gain of 60% compared to the current level.#LUNC #analise