$LUNC strictly follow Downward trend ..

It's best to take short trade on it..It will give you a lot..

For Short Positions:

Consider entering at the current price level with a stop-loss above the recent resistance at 0.00008330 USDT.Target lower support levels at 0.00007112 USDT and 0.00006929 USDT.

For Long Positions:

Watch for a confirmation of a reversal signal, such as a bullish candlestick pattern or a crossover on the MACD.Enter cautiously, targeting a move back towards the 0.00008330 USDT resistance level, with a stop-loss below 0.00007112 USDT.

The $LUNC /USDT pair is currently trading at 0.00007610 USDT, down 16.81% in the past 24 hours. The price has fallen below all major moving averages (MA7 at 0.00008357, MA25 at 0.00008931, MA99 at 0.00010015), indicating a strong bearish trend. Volume has surged, reflecting significant selling pressure. Immediate support is at 0.00007112 USDT, with resistance at 0.00008330 USDT. Indicators like the MACD and likely oversold RSI suggest potential for a short-term bounce, but the overall sentiment remains bearish. Traders should be cautious, considering short positions with stops above 0.00008330 USDT, or waiting for reversal signals for long positions.

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