🔥 LUNC Falling Wedge Break Out: Short-Squeeze Potential!

27 окт. 2023 г.

LUNC has been massively shorted over the last year, and with good reason, since the token is practically dead.

However, this amount of shorting poses a risk for the bears. If we get more bullish price action in the near future, the amount of shorts being squeezed (liquidated) could result in a huge bullish move upwards. For now it's just speculation, but it's certainly a possibility.

At the moment, I'm looking at the 1-year falling wedge pattern that has just broken bullish. This is the best case for the bulls in at least a year, very interested where this break out will bring us!

8 нояб. 2023 г.

Заметка

Good so far