$LUNC /USDT Trade Setup
General Trend Overview:
24h Price Change: -2.62% (slightly bearish, but within a tight range)
24h Volume (LUNC): 44.24B (high volume, indicating good liquidity)
24h Low/High: $0.00006248 / $0.00006575 (price near the low range, potential for a rebound)
Bullish Scenario:
If LUNC starts to reverse upwards, here's the setup:
Entry Zone: $0.0000630 - $0.0000635 (current price zone or slight pullback)
Stop Loss: $0.0000620 (below the recent low support)
Target Levels:
TP1: $0.0000645 (previous high level)
TP2: $0.0000650 (next resistance area)
TP3: $0.00006575 (previous 24h high)
Conditions to Watch:
Volume Increase: If volume spikes during the price rise, it can confirm the bullish momentum.
RSI: RSI crossing above 50 could signal a continuation of the bullish trend.
Bearish Scenario:
In case of further downward movement:
Entry Zone: $0.0000620 - $0.0000625 (if the price breaks below support)
Stop Loss: $0.0000635 (above the recent resistance)
Target Levels:
TP1: $0.0000610 (next potential support level)
TP2: $0.0000600 (deeper support area)
TP3: $0.0000590 (stronger support)
Conditions to Watch:
Volume Decline: A decrease in volume as price falls may indicate a lack of strong selling pressure.
RSI: RSI dropping below 50 could signal further downward pressure.
Key Levels to Watch:
Summary:
Above $0.0000630 = Bullish bias, Targeting $0.0000645 - $0.0000650
Below $0.0000620 = Bearish bias, Targeting $0.0000610 or lower
Let me know if you'd like more insights or adjustments!
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