$LUNC /USDT Analysis Testing Support After a 10% Drop #LUNC is trading at $0.00010656, down 10.50% in the last 24 hours. The market is experiencing heightened volatility as the price bounces off the recent lows.
Key Levels to Watch:
1. Support:
$0.00010417: A strong support zone. Holding this level could stabilize the price and attract buyers.
2. Resistance:
$0.00010817: Immediate resistance level to watch for bullish momentum.
$0.00010900: A breakout above this could signal further recovery.
Trade Setup:
Long Trade:
Entry: Above $0.00010700
Targets: $0.00010850, $0.00010950
Stop-Loss: $0.00010550
Short Trade:
Entry: Below $0.00010400
Targets: $0.00010300, $0.00010200
Stop-Loss: $0.00010500
Market Insight:
LUNC’s RSI is neutral, suggesting balanced buying and selling pressure. Volume has slightly increased, indicating interest in the current price zone. Watch for a breakout or breakdown from these levels to determine the next directional move.
Keep a close eye on support and resistance levels, as #LUNC is likely to experience sharp moves soon. Employ strict risk management for safer trading.