$LUNC LUNC/USDT Analysis: Bullish Momentum Building?

Terra Luna Classic ($LUNC) is showing strong signs of life on the 1H chart! After a period of consolidation, we’ve seen a massive green candle pushing price action toward the 0.00004116 level.

Key Technical Observations:

Price Action: +2.64% increase with a sharp bounce off the local bottom of 0.00003890.

RSI (6): Currently at 74.50, indicating strong bullish momentum, though entering the overbought zone.

Volume Spike: Significant increase in buying volume supporting the current pump—suggesting real interest at these levels.

Moving Averages: The price is trending well above the MA(5) and MA(10), confirming short-term strength.

What to watch:

If $LUNC can hold above the 0.00004100 support, the next target could be testing recent local highs. However, watch the RSI for a potential cooling-off period.

Are you holding or scalping this move? Let’s hear your thoughts below! 👇

#LUNC #TerraClassic #CryptoTrading #TechnicalAnalysis #BinanceSquare

Disclaimer: This post is for informational purposes only and does not constitute financial advice. Always do your own research (DYOR) before investing.