Is $LUNC slowly waking up again?
For a long time, LUNC was mostly viewed as a dead ecosystem after the collapse of $LUNA . Every rally attempt was sold into, momentum faded quickly, and market attention moved elsewhere.
But that is exactly why the current structure becomes interesting.
The chart no longer looks like pure panic and forced selling. Volatility has compressed heavily, downside momentum has slowed, and price has started spending more time building a base rather than aggressively making new lows.
Markets usually move in cycles: expansion, exhaustion, compression… then eventually a new expansion phase.
That does not guarantee a breakout here, but historically some of the strongest reversals begin when nobody is paying attention anymore.
LUNC still has one of the strongest communities in crypto despite everything that happened, and meme/speculative narratives can return very quickly once momentum enters the market again.
Not calling exact targets here, but I do think this zone is becoming increasingly interesting from a risk/reward perspective if broader market conditions remain supportive.
Curious what others think:
Are you holding any LUNC or LUNA?
Do you think the market has completely moved on, or could it surprise people again later this cycle?
DYOR. Not financial advice.