SEC VS TERRA: $LUNC SUPPLY SHOCK INCOMING
PAIR: $LUNC
DIRECTION: BULLISH BREAKOUT
The SEC has dropped a massive $4.5B settlement hammer on Terraform Labs, triggering a historic burn of one-third of all $LUNC tokens—set to unfold within the next 10 days. This is more than just news; it’s a potential supply shock that could redefine the short-term price action for $LUNC.
Trade Setup:
ENTRY: 0.00007250
TP1: 0.00008800
TP2: 0.00010200
TP3: 0.00011800
SL: 0.00006500
Risk Management:
Allocate only 2–3% of capital per trade. This is a high-volatility setup driven by macro news and tokenomics. Expect sharp moves and fakeouts—tight SL is crucial. If price consolidates above TP1, consider trailing stop for TP2 and TP3.
Technical Context:
Daily RSI flipped bullish from the oversold zone
MACD crossover confirmed on 4H chart
Volume spike aligns with the news catalyst
200 EMA reclaim underway
Fibonacci extension targets align with TP2 and TP3
Narrative Edge:
Retail is waking up fast. Influencers are fueling the “burn = moon” narrative. But experienced traders know the real move depends on timing and execution. Wait for volume confirmation and strong structure before jumping in.
#LUNCSetup #CryptoNewsImpact #SupplyShockPlay #BinanceTrading #AltcoinBreakout
