$LUNC $LUNC Rebound: Is the Terra Classic Comeback Real? 🔥
The charts are flashing green! Terra Luna Classic (LUNC) is showing strong signs of a recovery today, bouncing +8.78% to hit 0.00004236. After a period of heavy consolidation, the "Lunc Army" is back in action.
📊 Technical Breakdown:
The V-Rebound: We’ve seen a solid bounce off the 0.00003855 support level.
EMA Watch: $LUNC is currently fighting to break and hold above the EMA(25) at 0.00004223. A clean candle close above this level could trigger a push toward the EMA(99) at 0.00004377.
Volume Spike: 24h trading volume is healthy at $11.72M USDT, showing renewed buyer interest.
💡 Why is LUNC moving?
Burn Momentum: Recent Binance monthly burns continue to reduce the massive circulating supply.
v3.6.1 Upgrade: The network is gearing up for a critical security upgrade scheduled for December 18, which is fueling "buy the rumor" sentiment.
Legal Clarity: Market volatility has spiked following the recent sentencing of Do Kwon (15 years), with traders interpreting the news as a potential "reset" for the ecosystem.
🎯 Key Levels to Watch:
Resistance: 0.00004380 & 0.00004700
Support: 0.00003850 (Strong Floor)
Sentiment: Bullish in the short term, but caution is advised. Watch for the EMA(25) flip to confirm the trend!
Are you HODLing or Scalping this move? Let’s discuss below! 👇
#LUNC #TerraClassic #CryptoAnalysis #BinanceSquare #LuncBurn #Altcoins
