LUNC Is at a Critical Support Zone — 180-Day Gain Still at 185%
LUNC is currently trading at $0.00007927.
Buying Pressure: 43.63%
Selling Pressure: 56.37%
24h High: $0.00008368 | 24h Low: $0.00007829
24h Volume: 5.77M USDT
Price is currently sitting just above the $0.00007829 support floor — a level buyers have defended multiple times. The daily chart shows LUNC peaked at $0.00012300 after a massive rally and is now in a healthy correction phase. Despite the pullback, the 180-day gain still stands at 185.86% and 90-day gain at 84.05% — the bigger trend remains strongly bullish.
Two key fundamentals keeping LUNC in play:
Binance permanently burned 923,238,507 LUNC in May — one of the largest single burns ever — funded by Binance's monthly buyback mechanism. Total burns have now crossed 80 billion tokens, with community burns adding to the supply reduction every single day (CoinMarketCap)
Terra Classic's 2026 roadmap includes the Cosmos SDK v0.53 upgrade for stronger cross-chain connectivity, Market Module 2.0 to tighten token creation and burns, and a gradual plan to restore the USTC peg — giving long-term holders a reason to stay positioned (ZebPay)
Sellers currently hold 56.37% order book control and price is down 2.86% today. The $0.000079 zone is the key support to watch. Today's data suggests LUNC needs to hold this level — a confirmed bounce here could target $0.00009 to $0.0001 again. A break below $0.000078 could signal more downside.
Always manage your risk. Never invest more than you can afford to lose.
Do you think LUNC holds $0.000079 support and makes another run toward $0.0001? Comment below 👇
