$LUNC Tonight target?
Based on the chart and current momentum, here's a potential LUNC/USDT target for tonight:
Bullish Scenario (if the rally continues):
Immediate Resistance: 0.0001254 (24-hour high) — If this level is broken, the next target could be around 0.0001300.
A continuation of bullish momentum could see a move toward 0.0001350, depending on buying pressure.
Bearish Scenario (if a pullback occurs):
Support Levels: 0.0001100 and 0.0001028 (closer to EMA levels).
Price could consolidate or retrace toward these support levels if profit-taking kicks in or if momentum slows down.
Key Factors for Tonight:
1. Volume: Sustained high volume increases the chance of breaking resistance.
2. Overbought Indicators: RSI and Stochastic RSI being overbought suggest a pullback might happen before another leg up.
3. Market Sentiment: Check for any major news or events related to LUNC, as they can influence volatility.
Short-Term Target:
Bullish Target: 0.0001250–0.0001300.
Bearish Pullback: 0.0001100–0.0001050.
