#LUNC $1000LUNC is picking up too! Up 16.53% in one day, now quoted at 0.03376 USDT.
A quick breakdown of the current situation: · There’s a clear short-term surge, with a 24-hour high of 0.03464, trading volume at 1.24 billion, and turnover close to 40 million USDT—so the hype is real. · But looking at the KDJ, the J value has shot above 93, which is a definite overbought signal—could pull back at any time in the short term, so don’t rush to chase. · The moving averages are still in a bullish arrangement, with EMA(15) at 0.03108, which counts as recent support. A key detail: Although it’s up nearly 20% in the past 7 days, if you zoom out— It’s still down 12.43% over the past month, down 42.59% in the last 3 months, down 43% in the last six months, and down a whopping 80% over the past year… This suggests this is more of an oversold rebound, not a trend reversal, so don’t get carried away! Trading suggestions: If you already hold a position, consider taking some profits near the previous high of 0.0346 to lock in gains. If you want to enter, definitely wait for a pullback. Focus on whether the 0.0308–0.0310 range (near EMA18) can hold as support. If it falls below 0.029 (long-term moving average zone), this rebound may be over. In short: the rebound looks fierce, but it’s really just a bounce after heavy losses. Stay calm, don’t chase highs, look for dips to buy, and strictly control your position size. $1000LUNC
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#LUNC $1000LUNC is picking up too! Up 16.53% in one day, now quoted at 0.03376 USDT.
A quick breakdown of the current situation:
· There’s a clear short-term surge, with a 24-hour high of 0.03464, trading volume at 1.24 billion, and turnover close to 40 million USDT—so the hype is real.
· But looking at the KDJ, the J value has shot above 93, which is a definite overbought signal—could pull back at any time in the short term, so don’t rush to chase.
· The moving averages are still in a bullish arrangement, with EMA(15) at 0.03108, which counts as recent support.
A key detail:
Although it’s up nearly 20% in the past 7 days, if you zoom out—
It’s still down 12.43% over the past month, down 42.59% in the last 3 months, down 43% in the last six months, and down a whopping 80% over the past year…
This suggests this is more of an oversold rebound, not a trend reversal, so don’t get carried away!
Trading suggestions:
If you already hold a position, consider taking some profits near the previous high of 0.0346 to lock in gains.
If you want to enter, definitely wait for a pullback. Focus on whether the 0.0308–0.0310 range (near EMA18) can hold as support.
If it falls below 0.029 (long-term moving average zone), this rebound may be over.
In short: the rebound looks fierce, but it’s really just a bounce after heavy losses. Stay calm, don’t chase highs, look for dips to buy, and strictly control your position size. $1000LUNC