🚀 Is LUNC on the path to redemption? Key milestone today!
Attention, Terra Classic community! As the market seeks direction, $LUNC is sending signals we cannot ignore. Today, January 21st, marks a historic step with the official start of the claims and payment processes for the victims of the original collapse. Is this the closing of a dark chapter to make way for new utility?
📊 Technical Analysis: The battle for $0.000038
The chart shows an intense struggle at critical levels:
Iron Support: LUNC has managed to stay above the $0.000038 zone. As long as this level holds, bulls maintain hope for a rebound.
Resistance to Overcome: The immediate goal is to break with volume the $0.000041. If we manage to close a daily candle above, we could see an acceleration towards higher levels.
The Burn Factor: Binance remains our biggest ally. Consistency in monthly burns is reducing the circulating supply, preparing the ground for when macro sentiment turns 100% bullish.
🔥 My Vision
The resilience of the LUNC community is unique in the crypto ecosystem. The road is long due to the total supply, but legal cleanup and network updates (v3.5.0) are the foundations we need to build something solid.
What about you? Are you still accumulating LUNC or are you waiting for a larger confirmation on the chart? I read you in the comments! 👇
⚠️ WARNING (DYOR): The cryptocurrency market is highly volatile. This post does not constitute financial advice. Always do your own research before investing.
#LUNC #TerraClassic #BinanceSquare #CryptoAnalysis #burn #LUNCCommunity