Technical analysis by CryptoAnalystSignal about Symbol LUNC: Buy recommendation (5/10/2024)

#LUNCWe have a bearish channel pattern on a 12-hour frame, the price moves within it, adheres to its limits well, and is expected to break it upwards strongly.We have a support area at the lower border of the channel at $0.0000800 from which the price reboundedWe have a tendency to stabilize above moving average 100We have a downtrend on the RSI indicator that is about to break higher, supporting the price higherEntry price is 0.0001000The first goal is 0.0001280The second goal is 0.0001530The third goal is 0.0001800The first goal is 0.0001280 Reached