$LUNC moving fast today… the kind of vertical push that usually comes after a long compression.
Price just blasted through the 0.00002980–0.00003020 supply and is now holding around 0.00003119. This breakout candle is strong, but extended — meaning momentum is high, but pullback risk also increases.
Key Levels • Support: 0.00003020 — the breakout retest zone
• Stronger support: 0.00002940
• Resistance: 0.00003170 (24h high)
• Next resistance above: 0.00003300
Breakout / Breakdown Triggers • Break and hold above 0.00003170 → continuation into 0.00003240–0.00003300
• Drop back under 0.00003020 → breakout fails, momentum cools down
Volume Reaction The breakout is backed by a clear volume spike — not random drift. This shows real buying, not just a wick.
Risk Zones • Invalidation for any bullish structure sits below 0.00002940
• Clean R:R only appears after a retest, not at the top of this candle
Summary Strong impulsive breakout, but extended. Retest zone will decide the next move. Trend is bullish for now unless 0.00002940 breaks.
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