๐ LUNC Market Watch: Consolidation and Caution in Terra Classic Trading ๐
The Terra Classic LUNC market has been showing intriguing
movements over the past day. Analyzing the 1-day Trading View chart, LUNC/USDT is currently trading around $0.00008106, maintaining a slightly upward trajectory despite a broader bearish trend in recent weeks. The price action indicates a phase of consolidation, suggesting potential upcoming volatility.
Looking at the money flow analysis, the market has seen substantial activity with an inflow of $64.20 billion in buys against $69.45 billion in sells. This minor net outflow could be a signal of cautious sentiment among traders. Notably, large orders dominated the trading volume, with significant large buys countering large sells. However, the 24-hour inflow analysis shows a net outflow of approximately $5.48 billion, reflecting a cautious stance in the market.
Stay tuned for more updates as we keep a close watch on how LUNC navigates through these dynamic waters. ๐๐
I would advise a cautious approach when investing in LUNC coin. Always do your own research and consider the risks involved before making any investment decisions.
