LUNCUSDT — Accumulation at Demand Zone, Breakout or Breakdown?📝 Overview
The pair LUNC/USDT on the weekly (1W) timeframe is showing a long and extended consolidation phase since mid-2024 until now. Price has been moving sideways within the demand zone (0.00004665 – 0.00005990), marked by the yellow box on the chart.
This area serves as the final defense for buyers, acting as an accumulation base before a potential breakout to the upside. On the other hand, if broken to the downside, it could flip into a supply zone that drives price even lower.
---
🔎 Pattern Explanation
1. Weekly Range Base
Price has been trapped in a range of ~22% from top to bottom.
This kind of range often represents institutional accumulation or distribution before a major directional move.
2. Repeated Rejections
Multiple weekly candles show long lower wicks around 0.00004665, indicating buyers are still defending this zone.
3. Layered Resistance
The dotted yellow lines represent stacked resistance levels, acting as step-by-step targets if a breakout occurs.
---
🚀 Bullish Scenario
If price manages to close weekly above 0.00005990 (top of the box), bullish continuation becomes the higher-probability scenario.
Bullish Trigger: Weekly close above 0.00005990.
Upside Targets (layered):
0.00006978 – 0.00007732 (first resistance & measured move of the range).
0.00009863
0.00012186
0.00016154
0.00019578
Ultimate extension: 0.00033110
Extra confirmation: A successful retest of 0.00005990 as support + strong volume breakout.
📌 Note: As long as price holds above the yellow demand zone, the long-term structure still favors bullish accumulation.
---
🩸 Bearish Scenario
If price fails to hold and closes weekly below 0.00004665, sellers may gain control.
Bearish Trigger: Weekly close below 0.00004665.
Downside Targets:
Measured move points to around 0.00003340.
Interim psychological level: 0.00003700.
Extra confirmation: Retest of 0.00004665 from below that rejects upward recovery (zone flip into supply).
📌 Note: A breakdown here may open the door to new lower historical supports, demanding caution.
---
🎯 Key Technical Levels
Demand Zone (Main Support): 0.00004665 – 0.00005990
Resistance/Target Levels:
1. 0.00006978 – 0.00007732
2. 0.00009863
3. 0.00012186
4. 0.00016154
5. 0.00019578
6. 0.00033110
---
📌 Risk Management
Weekly timeframe → always wait for candle close to validate signals.
The yellow box range is ~22% → position sizing is crucial.
Logical stop levels: below 0.00004665 for bullish bias, above 0.00005990 for bearish bias after breakdown.
---
📢 Conclusion
Bullish Case: Breakout above 0.00005990 → opens path toward 0.00007732, 0.00012186, and potentially higher.
Bearish Case: Breakdown below 0.00004665 → downside risk toward 0.00003700 and 0.00003340.
As long as price holds within the yellow demand zone, LUNC remains in an accumulation phase awaiting a strong directional move.
#LUNC #LUNCUSDT #TerraClassic #Crypto #Altcoins #PriceAction #WeeklyChart #SupportResistance #Breakout #BearishScenario #BullishScenario #Accumulation #TechnicalAnalysis
Luncusdtsignal
LUNCUSDTBINANCE:LUNCUSDT Long idea
2 entry point
4 targets
❌every TP can act as a resistance and dump the price
⛔"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help. #DYOR
Don't forget to 🚀 and comment