🔍 Key Chart Highlights:
Breakout from Downtrend Line:
LUNC has broken above a key descending trendline that has acted as resistance since the high of 0.00017980 USDT.
The breakout is modest but technically significant, indicating buyers are starting to regain strength.
Current Price Action:
LUNC is trading at 0.00006789 USDT, up from a local low of 0.00004665 USDT observed in February 2025.
Though it faced minor rejection intraday, the structure shows a shift from accumulation to breakout phase.
Volume Analysis:
24-hour volume stands at 109.69 billion LUNC, suggesting renewed interest among traders.
The slight spike in volume supports the idea of a valid breakout, though stronger volume would provide greater confirmation.
Key Resistance Ahead:
The next key resistance levels are:
0.00009858 USDT
0.00012787 USDT
0.00015716 USDT
These are potential targets if the breakout sustains.
Support Zone:
The recent breakout level around 0.00006500–0.00006600 now acts as immediate support.
If price dips back below, this breakout may turn out to be a false signal, so a daily close above trendline is crucial.
📊 Technical Outlook:
Short-term bias: Bullish, as long as price holds above the breakout zone.
Medium-term bias: Neutral to bullish — confirmation depends on how LUNC handles upcoming resistance zones.
🧠 Market Sentiment
Terra Classic (LUNC) continues to carry mixed sentiment due to its historical collapse and ongoing revival efforts. However, from a purely technical perspective, this breakout signals a possible change in momentum for the first time in months.
📝 Conclusion:
LUNC has broken through its long-term descending resistance, a bullish technical signal that could lead to further upside. Traders should watch for volume confirmation and a strong daily close above the breakout zone to validate the move. A rally toward 0.000098 and 0.000127 could be possible if momentum continues.
