250K BOUNTY OR BAIT?
$LUNC SETUP FOR THE BRAVE
đ„ The $250,000 bounty on $LUNC is turning headsâbut smart traders know hype isnât a strategy. Letâs break down the technicals and build a setup that respects risk while riding momentum.
PAIR:
DIRECTION: BULLISH BREAKOUT (IF CONFIRMED)
ENTRY: $0.00006500
TP1: $0.00007200
TP2: $0.00007850
TP3: $0.00008500
SL: $0.00006100
RISK MANAGEMENT:
This is a high-volatility play. Use 1â2% max risk per trade. Wait for volume confirmation above resistance before entering. If price rejects $0.00006500, step backâdonât chase.
TECHNICAL BREAKDOWN:
- Daily Chart: Descending wedge breakout forming. RSI climbing above 50, signaling momentum shift.
- Volume Profile: Spike in accumulation zones near $0.00006000.
- MACD: Bullish crossover on 4H, but needs follow-through.
- Fibonacci Levels: TP1 aligns with 0.382 retracement from last swing high.
- Support Zones: $0.00005800â$0.00006000 remains key demand area.
MINDSET TIP:
Donât let bounty hype blind your discipline. Big numbers attract big mistakes. Trade the chart, not the noise. If youâre here for the long haul, protect your capital like itâs your communityâs future.
SCAM ALERT:
Several fake bounty sites are circulating. Only trust official Binance or Terra sources. Never connect your wallet to unknown platforms. If it smells like greed, itâs probably a trap.
INFLUENCER ANGLE:
CZ hasnât commented yetâbut if he does, expect volatility. Monitor social sentiment, but donât let it dictate your setup. Youâre the strategist, not the spectator.
Hashtags:
#LUNCSetup #CryptoRisk #BinanceSquare #TechnicalBreakout #ScamAwareness
