Is this the best time to buy $MIOFF?

Here’s an analysis of the $MIOFF / $LUNC :

Overall Trend

1. The chart shows a strong upward trend followed by a recent pullback.
2. The candles are mostly green with strong momentum up until the top, suggesting previous bullish sentiment.
3. A correction is underway as of the last few candles.

Resistance Zone

1. Marked at the top (~0.001280 to ~0.001330 LUNC)
2. Price has rejected this level twice, indicating strong selling pressure.
3. If price breaks and closes above this zone, it could signal a new rally.

Support Zones

1. First support: Around 0.000880 – 0.001020 LUNC

• Price has bounced from this area before, showing short-term buyer interest.
• Currently, price is testing this support again — critical level to watch.

1. Second support: Around 0.000580 – 0.000700 LUNC

• Strong historical buying zone.
• If the first support fails, this is likely the next stop for price consolidation or bounce.

Volume Analysis

1. Recent volume spikes during red candles indicate profit-taking or panic selling.
2. The volume during pullback is still lower than the uptrend volume, which might suggest a healthy correction instead of trend reversal (for now).

https://coinhall.org/terraclassic/terra1zt5ffyf5l7dyjjcjhecm2hw9jzaseq7y2tv0udz09qshcnphwzkqfgm94c