LUNC just broke out from that falling wedge pattern. Clean technical setup here.
Looking at the chart structure, this breakout could easily deliver over 100% gains from current levels. The compression phase is done, and price action is showing momentum shift.
Worth keeping an eye on how this plays out over the next few sessions.
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ServantOfSatoshi
· 22h ago
This LUNC breakout feels textbook, but we’ll have to see if it can hold. Breaking out is easy, but pullbacks are tough.
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MevSandwich
· 22h ago
Yeah, this breakout feels like another trick to cut retail investors. They said there would be a 100% increase... What happened to the people who believed that last time?
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SocialAnxietyStaker
· 22h ago
This LUNC breakout feels a bit overdone. I said the same thing last time and then the market dumped right after. Better to wait until it drops further before making any moves.
LUNC just broke out from that falling wedge pattern. Clean technical setup here.
Looking at the chart structure, this breakout could easily deliver over 100% gains from current levels. The compression phase is done, and price action is showing momentum shift.
Worth keeping an eye on how this plays out over the next few sessions.