$LUNC /USDT – Testing Crucial Support After a Minor Dip 📉🔄
Hey everyone, let's check in on $LUNC /USDT – the community-powered Layer 1 that’s hovering around a key support zone. Here’s my analysis:
📊 Quick Stats:
· Price: $0.00004204 | -0.92% 🔻
· 24h High: $0.00004379
· 24h Low: $0.00004176
· 24h Volume: 65.03B LUNC | $2.79M USDT
📈 Technical Picture:
#LUNC is currently trading below all three major moving averages, which suggests short-term selling pressure:
· MA(7): $0.00004233
· MA(25): $0.00004273
· MA(99): $0.00004271
Price is sitting just above the 24h low of $0.00004176, which now acts as immediate support. A break below could see a test of lower levels.
🎯 Key Levels to Watch:
· Resistance: $0.00004233 → $0.00004273 → $0.00004379
· Support: $0.00004176 (24h low) → next support near $0.00004100
Volume is notable – over 65B LUNC traded in 24h – showing there’s still active interest, though the price action remains range-bound.
💭 My Take:
#LUNC✅ continues to trade in a tight range, reflecting the ongoing consolidation in the broader market. The community remains strong, but price needs to reclaim $0.00004233 to regain short-term bullish momentum.
If you’re trading this, watch the $0.00004176** level closely. Holding here could lead to a bounce toward the MAs. A breakdown might trigger a move toward **$0.00004100.
Given the token’s history and loyal following, volatility can spike quickly—so manage your risk and avoid overexposure.
Are you holding LUNC through this consolidation, or waiting for a clearer breakout direction?
Let’s discuss in the comments! 👇
---
#LUNC #TerraLunaClassic #Crypto #Trading #USDT #BinanceSquare #Layer1 #CommunityCoin
