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$LUNC is trying to stabilize after one of the cleanest selloffs on the board.
The market spent multiple sessions bleeding lower with almost zero bullish response, but now the first signs of absorption are starting to appear around the $0.000075–$0.000081 zone. That sharp rebound wick suggests buyers are finally stepping in after panic selling exhausted itself.
Still, this isn’t a confirmed reversal yet.
Price remains below major recovery levels, and unless momentum continues building, this could easily turn into another lower-high rejection.
📊 Bias: Recovery Bounce / High Volatility
EP: 0.0000790 – 0.0000815
🎯 Targets:
TP1: 0.0000850
TP2: 0.0000895
TP3: 0.0000940
🛑 SL: 0.0000740
LUNC thrives on emotional trading conditions — and right now the chart is entering exactly that phase. If buyers maintain pressure above the local base, upside expansion could accelerate fast.