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$LUNR: When Technical Levels Actually Work
Sometimes you see a token move exactly as the levels predict, and $LUNR is doing just that. The price action has been textbook so far—it's a clean example of support and resistance playing out in real time.
First, the rally into resistance. Then the pullback to support, followed by a solid bounce. Price takes another shot at that resistance level, breaks through it, and here's where it gets interesting: the pullback that follows respects the former resistance as new support. That's the kind of price behavior that makes technical analysis worth paying attention to.
When levels work this consistently, it tells you the market structure is sound. Whether $LUNR continues higher or consolidates around these new levels, traders now have solid reference points to work with.