#1000LUNC 1000LUNCUSDT – Professional Technical Analysis (Current Outlook)
Market Structure:
The chart shows a short-term bullish recovery. Price bounced strongly from 0.04167 and formed a higher high near 0.04188. The current pullback looks healthy and indicates consolidation after an impulsive move.
Moving Averages (MA):
MA(7): ~0.04185
MA(25): ~0.04178 (key short-term support)
MA(99): ~0.04185 (near resistance zone)
As long as the price stays above MA(25), the short-term trend remains bullish.
Support & Resistance:
Strong Support: 0.04170 – 0.04178
Immediate Resistance: 0.04188 – 0.04200
Next Upside Targets (after breakout): 0.04220 – 0.04250
Volume Analysis:
Recent bullish candles were supported by increased volume, showing buyer strength. The latest red candle formed on relatively lower volume, suggesting weak selling pressure.
Trend Direction – Up or Down?
Short term bias: 🔼 More chances of upward continuation
If 0.04170 support holds, price can retest 0.04190 – 0.042+
If 0.04170 breaks, a temporary pullback toward 0.04150 is possible
Trading Insight:
Bullish above: 0.04170
Caution: Possible rejection near resistance; wait for confirmation before entry
⚠️ This analysis is for educational purposes only and not financial advice.
#MarketRebound #StrategyBTCPurchase