$LUNC /USDT BEARISH TECHNICAL ANALYSIS
The price action shows a clear downtrend continuation after failing to hold above the key resistance zone near 0.00004420. Consecutive lower highs and a breakdown from the short-term support at 0.00004100 indicate weakening bullish momentum. Volume confirms selling pressure, suggesting bears are in control.
Market Bias: Bearish
Entry (Short): Below 0.00004080 after confirmation
Targets (TP):
- TP1: 0.00003990
- TP2: 0.00003870
- TP3: 0.00003750
Stop Loss (SL): Above 0.00004250
Risk Management:
Risk only 1–2% of capital per trade, adjust position size based on SL distance, and trail profits as price moves toward lower targets.
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