🌖 The range-bound price action continues
#LUNACLASSIC has traded within the $0.0000637-$0.0000964 range since early July. Its most recent attempt the break the range highs met with failure. According to the Awesome Oscillator, the momentum was bullish but weakening.
The #OBV was unable to break the highs from July, which meant the #buying volume was not large enough to boost the chances of a #LUNC✅ breakout.
The current market price was still above the mid-range support level. It is unclear if prices can hold this level or will be headed for a deeper price drop. The liquidity charts offered some clues.