**LLUNC Terra Classic - Key Support & Resistance Levels to Watch!** 🚀📊
🔸 **Current Price**: 0.000086628
🔸 **Timeframe**: 4H
🔸 **Trend**: Consolidation after recent pullback
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📈 **Key Support Levels**:
- **0.000083620**: A strong confluence zone with the upward trendline and the 100 SMA.
- **0.000082709**: 38.2% Fibonacci retracement level – critical support.
If this level breaks, we could see further downside towards **0.000072686** (23.6% Fib).
📉 **Key Resistance Levels**:
- **0.000098910**: The 61.8% Fibonacci retracement is a significant resistance.
- **0.000113280**: Watch for a rally to the 76.4% Fibonacci retracement if the price breaks above the 61.8% level.
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🔄 **Recent Price Action**:
LUNC attempted a breakout above the 61.8% Fibonacci retracement but faced strong resistance. We’re now seeing consolidation between support around the 100 SMA and resistance at 0.000098910. The bulls are defending the trendline, but a break below could send the price lower.
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📊 **What to Watch**:
- **Support** at the 100 SMA and the 38.2% Fibonacci level – this could trigger a bounce if held.
- **Resistance** at the 61.8% Fibonacci retracement – bulls need to break this level to target higher gains.
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🎯 **Possible Trade Setups**:
- **Long**: Enter around 0.000083620, targeting 0.000098910 or higher if the trendline holds.
- **Short**: Consider shorting if price breaks below 0.000083620, targeting the 23.6% Fib at 0.000072686.
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**Follow me** for more LLUNC updates and technical insights. Let’s see how this plays out! 🔥📉📈
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This style is clear, concise, and includes emojis and bullet points to make the post engaging for the TradingView community. Let me know if you'd like further adjustments!
🔸 **Current Price**: 0.000086628
🔸 **Timeframe**: 4H
🔸 **Trend**: Consolidation after recent pullback
---
📈 **Key Support Levels**:
- **0.000083620**: A strong confluence zone with the upward trendline and the 100 SMA.
- **0.000082709**: 38.2% Fibonacci retracement level – critical support.
If this level breaks, we could see further downside towards **0.000072686** (23.6% Fib).
📉 **Key Resistance Levels**:
- **0.000098910**: The 61.8% Fibonacci retracement is a significant resistance.
- **0.000113280**: Watch for a rally to the 76.4% Fibonacci retracement if the price breaks above the 61.8% level.
---
🔄 **Recent Price Action**:
LUNC attempted a breakout above the 61.8% Fibonacci retracement but faced strong resistance. We’re now seeing consolidation between support around the 100 SMA and resistance at 0.000098910. The bulls are defending the trendline, but a break below could send the price lower.
---
📊 **What to Watch**:
- **Support** at the 100 SMA and the 38.2% Fibonacci level – this could trigger a bounce if held.
- **Resistance** at the 61.8% Fibonacci retracement – bulls need to break this level to target higher gains.
---
🎯 **Possible Trade Setups**:
- **Long**: Enter around 0.000083620, targeting 0.000098910 or higher if the trendline holds.
- **Short**: Consider shorting if price breaks below 0.000083620, targeting the 23.6% Fib at 0.000072686.
---
**Follow me** for more LLUNC updates and technical insights. Let’s see how this plays out! 🔥📉📈
---
This style is clear, concise, and includes emojis and bullet points to make the post engaging for the TradingView community. Let me know if you'd like further adjustments!
Penafian
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.