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- MC:$3.6KHolders:10.00%
- MC:$3.61KHolders:10.00%
- MC:$3.6KHolders:10.00%
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#LUNC 's upward movement is driven by technical factors (short squeeze), expectations of network upgrades, and tokenization narratives (coin burning). Despite the positive short-term outlook, declining open interest and overall market concerns (CMC's Fear & Greed Index at 30) suggest caution.
Key points to watch: Whether LUNC can hold above the Fibonacci resistance at $0.000067 (38.2% retracement level) after the upgrade, or if profit-taking will return, and monitor the Do Kwon verdict on December 11th to assess future market sentiment.