$LUNC weak rebound or dead cat ❓❓$LUNC rebounded slightly from $0.00005888 to $0.00005964 after days of heavy selling. But the volume remains subdued and the price remains below the key intraday resistance. The overall trend remains bearish and this could be just a lower low before another drop.
📉 Short Trade Setup:
• Entry Zone: $0.00005960 – $0.00005980
• Take Profit 1: $0.00005880
• Take Profit 2: $0.00005780
• Take Profit 3: $0.00005620
• Stop Loss: $0.00006070
If $LUNC fails to break above $0.0000606, the bears may return with strength. Watch for bearish candlesticks or shadows near this level to confirm the move.
{spot}(LUNCUSDT)