Lumberjack Token Price Prediction: Is Another Pump Looming?

Lumberjack trades at $0.00005460 with $844.5M 24-hour volume

• The #LUMBER/USDT chart shows a significant upward movement after its launch on the 21st, reflecting strong bullish sentiment.

• After the initial spike, the price formed a bullish flag pattern, indicating consolidation before another potential surge.

• A second price increase followed, with another bullish flag appearing, suggesting continued buying interest.

• $LUMBER is currently consolidating within a narrow range, indicating a potential for the next breakout.

• The RSI is near the upper boundary, signaling that bulls still maintain some control over the market.

• The MACD line is slightly above the signal line, with values of 0.0000049 and 0.0000078 respectively, showing a bullish trend.

• According to Coingabbar analysis, The price has established support around 0.00004500 and resistance near 0.00006500, which are crucial levels to watch for potential breakouts or breakdowns.

KEY LEVELS :

RESISTANCE LEVEL : $0.00007500-$0.00010000

SUPPORT LEVEL : $0.00004500-$0.00003000

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