🚨Is Terra Making a Comeback? Here’s What’s Happening with LUNA & LUNC🚨
While Bitcoin has been moving sideways, Terra's ecosystem seems to be stirring back to life. Both $LUNA** and **$LUNC are showing strong momentum this weekend—and here’s why.
📈 Why the Move?
· Aggressive Burns: Over 849 million LUNC were burned this week, steadily reducing supply.
· Upgrade Anticipation: The upcoming v2.18 chain upgrade is drawing attention and likely fueling some pre-event accumulation.
· Volume Surge: Trading volume for LUNC spiked over 1100% in 24 hours, suggesting renewed interest, possibly from larger players.
🛠 What to Watch
For those tracking levels:
LUNC (Terra Classic)
· Current range: ~$0.000060–0.000062
· Near-term resistance: $0.000081 (recent high)
· Potential next target: $0.000100 if momentum holds
· Support to watch: $0.000054
LUNA (Terra 2.0)
· Trading around: $0.160–0.165
· Broke out of a falling wedge pattern
· Next notable level: $0.20+
· Support: $0.145
🧠 My Take
The combination of burning mechanics,upgrade news, and heavy volume could push **LUNC toward $0.000090–0.000100** in the short term. LUNA also looks poised for a retest of the $0.20 zone if the breakout holds.
Remember: This is an observation, not advice. Terra has a volatile history—trade carefully and do your own research.
