*1000 LUNC USDT* Analysis UpdateđŸ“ŠđŸ‘‡đŸ»

🔰LUNC is currently in a bearish trend, with a potential pullback to the premium ranges of the previous wave. The supply range is nearby, with an inside bar overlap, increasing the validity of this area. Investors are seeking sell/short positions in the supply range.

Nearby, there is a supply range that is an inside bar.

The overlap of the flip line has increased the validity of this area.

We are looking for sell/short positions in the supply range.

Closing a daily candle above the invalidation level will violate the analysis.

🔰Technical Analysis:

- Relative Strength Index (14): 36.69 (Neutral)

- Stochastic %K (14, 3, 3): 14.29 (Sell)

- Commodity Channel Index (20): -134.14 (Sell)

- Average Directional Index (14): 25.61 (Sell)

🔰Key Levels:

- Support: 0.00015

- Resistance: 0.00025

- Invalidation Level: 0.00030

Market Sentiment:

- Bearish: 70%

- Bullish: 30%

🔰Note:

- Closing a daily candle above the invalidation level will violate the analysis.

- Investors should exercise caution and consider multiple sources before making any investment decisions.

$LUNC