FieryTrading

🔥 LUNC Major Support Holding: Bullish Impulse Expected

Long
Ever since LUNC's major bull-move late June there's been a lot of volatility both ways for this token. However, one major support appears to be holding after several re-tests.

Recently LUNC has yet again bounced off the dotted purple support. In my view, this could be the starting sign of a new bullish impulse.

Seeing we're still in a risk-off environment, I kept the targets close. See blue lines. Targets placed at recent tops.

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