๐ฅ $LUNC Trade Watch:
BOUNCE Or BREAKDOWN โ๐ฅ
$LUNC is consolidating near major support at $0.000095, after rejecting the $0.000105 resistance. The 4H chart shows fading selling pressure โ a bounce could be on deck.
๐ Bounce Setup
๐ฉ Entry: $0.000093 โ $0.000096
๐ฏ TP1: $0.000102
๐ฏ TP2: $0.000108
๐ SL: $0.000091
โ ๏ธ Watch for a bullish engulfing or higher low on 4H to confirm.
๐จ Break below $0.000091 = caution zone.
๐ง Patience and tight risk win in these zones.
๐๐ฌ Did you catch the last LUNC bounce?
Are you taking this trade? Drop your entry or exit targets ๐๐
Letโs see how this plays out!