LUNC is unwinding sharply after failing to hold the breakout area near 0.00008160. The 15m structure has flipped from steady uptrend to clear corrective flow. Price has sliced through the MA5, MA10 and MA30 with momentum, and all three moving averages are now turning down. This signals a strong shift in short term control toward sellers.


The rejection at the top was clean and aggressive. Liquidity stacked near 0.00008100 absorbed the final wave of buying and triggered a rotation lower.

The follow through candles show increasing sell volume, which confirms that the move is not just profit taking but real displacement in order flow. Even so, the drop has not produced liquidation style wicks, which suggests the move is driven mostly by spot rotation and tactical short positioning rather than forced long exits. Funding conditions remain neutral across the board, supporting that reading.

The break below 0.00007700 removed the last intraday support and opened the path toward deeper liquidity. Price is now hovering near 0.00006660, which is the first meaningful reaction zone on the chart. If buyers fail to stabilize here, the next support sits around 0.00006450 and then 0.00005820.

Momentum readings confirm the shift. MACD has rolled over sharply with widening histogram bars, and volume continues to build into the downside move. This combination usually means the trend is not finished unless buyers appear with strong absorption.

For now, LUNC is in a clear corrective phase following an overextended rally. The market will need to see stabilization above the lower supports and a reclaim of the moving averages before any bullish rotation becomes viable again.
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LUNC-33.08%
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GateUser-1994b681vip
· 9h ago
hello
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