Accumulate lunc at 0.0116 level. (RISK IS YOURS- so make sure you are using stoploss if you on leverage)
Support and Resistance Levels:
Support: $0.01169 - This is a critical level where buy orders might be clustered, potentially preventing the price from falling further.
Resistance: $0.011867 - If LUNC can overcome this resistance level, it could signal a potential upward trend.Target Price (TP): $0.012187 - This is your profit target if the price breaks above resistance.
Stop-Loss:
$0.0098 - This is a wide stop-loss, which means you're willing to accept a larger loss if the price falls sharply. Consider tightening the stop-loss if you want to limit your risk. Follow the chart instead!
Here are some additional factors to consider:
Market Volatility: The cryptocurrency market is inherently volatile. Unexpected news or events could significantly impact LUNC's price.
Trading Volume: Higher trading volume often indicates stronger buying or selling pressure. Lower volume could lead to choppier price movements.
Overall Market Sentiment: If the broader cryptocurrency market is bullish, it could benefit LUNC. Conversely, a bearish market sentiment could put downward pressure on the price
