Hi friends hope you are well, and welcome to the new update on LUNC.
On a 4-hr time frame, LUNC has broken down a triangle but still has the support of a channel. On a daily time frame, LUNC is also testing long-term support of $0.00009050. There is also bullish divergence on a 4-hr time frame therefore, this breakdown of the triangle can be a fake-out.
For a detailed analysis, you can also watch the video.
▶️ 3Speak