LUNC/USDT chart analysis - 1D

$LUNC is currently forming a structure of higher highs (HHs) and higher lows (HLs) while finding support over a support zone. It is advisable to wait for the price to break out of the $0.000121 level before considering a long position. This breakout would indicate the continuation of the bullish momentum, potentially leading to a test of the previous swing high.

Entry : $0.000121

Target : $0.000203

SL : $0.0000847