$LUNC - Second bite at the apple!
Updated
Nice - so CZ Binance giving us a second chance to make some bear market MONEY1!!
Agreed to a CEX on chain burn - turnover ~250k daily in a
2BN market cap
Previous realities with regards to utility still stand... LUNC is going to crash and burn - Fundamentals are appalling
HOWEVER!!!!
Right now seeing a good example of late shorters getting squeezed TF out > and expect a continuation run up to the resistance and prior unfilled gaps around around 0.0004 mark.
Then we're heading south again!
FIll your boots, expect volatility and set stop appropriately. Margin as per risk tolerance.
This is 5+ R:R trade minimum
Agreed to a CEX on chain burn - turnover ~250k daily in a
2BN market cap Previous realities with regards to utility still stand... LUNC is going to crash and burn - Fundamentals are appalling
HOWEVER!!!!
Right now seeing a good example of late shorters getting squeezed TF out > and expect a continuation run up to the resistance and prior unfilled gaps around around 0.0004 mark.
Then we're heading south again!
FIll your boots, expect volatility and set stop appropriately. Margin as per risk tolerance.
This is 5+ R:R trade minimum
Note
Closing in on PRZNote
Looking for another boost - long consolidative period...
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