$LUNC

/USDT pair with trade signals and target levels:

Technical Analysis (TA)

Current Price: 0.00015932 (up +22.71% in 24h)

Trend: Bullish momentum, as the price has been trending upwards from the 24h low of 0.00012460.

Support: 0.00012460 (recent low)

Resistance: 0.00016800 (recent high)

Moving Averages: The price is above the short-term moving average (SMA 50), indicating an ongoing bullish trend.

RSI: RSI is approaching 70, which suggests the price could be overbought soon, indicating a possible short-term pullback or consolidation.

MACD: Positive cross on the MACD histogram, supporting bullish momentum.

Trade Signals:

Buy Signal: If the price holds above 0.00015000, consider entering a buy position with a stop-loss below the recent support at 0.00012460.

Sell Signal: Watch for a rejection at or near the 0.00016800 resistance level. If the price fails to break it, consider selling or taking profits.

Target Levels 🎯:

1. Target 1: 0.00016800 – Resistance zone; potential for price to stall or retrace.

2. Target 2: 0.00017000 – Minor resistance after breaking the previous high.

3. Target 3: 0.00017500 – Major breakout point if momentum continues strong.

Momentum:

The trade momentum is currently bullish, with increasing volume and price action above key support levels. However, keep an eye on potential resistance at 0.00016800 and watch for any signs of overbought conditions (RSI). If the price consolidates around this range, expect possible corrections before further upside.

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