Here’s a concise and sharp technical breakdown of $LUNC /US
koinmilyoner
Updated at: 16 hours ago
{"content":"Here’s a concise and sharp technical breakdown of $LUNC /USDT on the 1D chart:
📍 Current Price: $0.00006206
📈 Daily Gain: +5.31%
📊 Trend Context: Still in a macro downtrend, but showing early signs of possible accumulation breakout.
🧭 Moving Averages:
MA 7: $0.00006048 ✅
MA 25: $0.00006064 ✅
MA 99: $0.00006155 ✅
Today's close is above all three major moving averages — a significant technical breakout signal after 6+ months of sideways chop.
🔍 Chart Observations:
Price has been coiling just below the MA99 since March — today’s candle breaks above it cleanly.
Volume is ticking up, suggesting early interest but not yet explosive.
Previous fakeouts occurred at similar levels, so a confirmed daily close above $0.000062 is critical.
📌 Key Resistance:
$0.00006450 – March high
$0.00006880 – December 2024 resistance
$0.00007200 – Psychological barrier and structure break level
🔑 Support:
$0.00006000 (former resistance turned support)
$0.00005750 (structure low)
🚀 Potential Scenarios:
Bullish Case:
Sustained daily closes above $0.000062 could kick off a short-term rally toward $0.000070+
This would confirm a bottoming formation after a long consolidation range.
Bearish Case:
If price gets rejected and closes back below the MA99, this could be another bull trap.
Downside support lies near $0.000057–$0.000055.
✅ Bias: Neutral-Bullish
🎯 Target Range: $0.000065–$0.000072
🚫 Invalidation: Daily close back below $0.000060
⚠️ DYOR – Do Your Own Research. This is not financial advice. Markets can be volatile — always trade responsibly!","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025062025/06/14/6e1d2e3595c24336b9782ba7d8a1ecff.png"],"tags":[],"tradingPairs":["LUNC/USDT"],"quotearticleid":0}