🔥 $LUNC UPDATE: Terra Luna Classic Gains Speed as Capital Flows In & Network Upgrade Approaches 🚀

Terra Luna Classic (LUNC) is back in the spotlight this week, holding strong bullish momentum after an 84% surge last week. And the data backs it up:

💥 Futures Open Interest (OI) jumped from $18.15M → $25.55M in just two days.

This shows fresh liquidity, stronger buyer participation, and growing confidence in the ongoing rally.

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🔧 Network Upgrade — terrad v3.6.1 Coming December 18

The Terra Classic dev team released terrad v3.6.1, a major update designed to patch previous issues, optimize dependencies, and strengthen overall network performance.

Key points:

• Automatic chain halt scheduled at block 26,479,000 (Dec 18)

• Tested successfully on Rebel-2 testnet

• Rollback to v3.6.0 ready if needed

• Aims to boost security, stability & long-term sustainability

DeFiLlama also shows rising capital inflow into the ecosystem — a clear sign of renewed investor confidence ahead of the upgrade.

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📈 Technical Outlook — LUNC Still Bullish

LUNC is trading above the 50-week EMA at $0.000056, a strong technical sign.

It’s also moving inside a falling wedge, one of the most powerful reversal patterns.

Key TA highlights:

• Weekly RSI: 56 → momentum still healthy

• MACD: Bullish crossover → supporting the upside

• Daily support: 61.8% Fib @ $0.000047 held perfectly

• Price bounced 22% from this zone, now around $0.000061

• Daily RSI: 71 → strong momentum

• Daily MACD: expanding histogram → buyers in control

Nearest upside target: December 6 high at $0.000081

Major support on pullback: $0.000047

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🚀 LUNC is showing real strength — both fundamentally and technically.

Let me know your outlook: Are you bullish or still cautious here? 👇🔥

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