The Terra Classic ($LUNC) price is currently trading near $0.0000707, attempting to stabilize after a vertical rally earlier in May. The token recently surged from the $0.00005600 zone to as high as $0.00007290, flipping key resistance zones and completing a symmetrical triangle breakout on both the 4-hour and daily charts. This Terra Classic ($LUNC) price action aligns with a broader altcoin rally and is now approaching a crucial Fib resistance area, making the next few sessions pivotal for bulls.

MACD histogram on the 4-hour timeframe has flattened, with the signal and MACD lines beginning to converge, hinting at a potential momentum loss. Meanwhile, the Stoch RSI has crossed downward from overbought territory (currently at 77.95 and 80.30), further confirming slowing bullish pressure.

$LUNC price movement (Source: TradingView)

The Ichimoku Cloud remains bullish with price trading above the cloud and Tenkan-sen, but the lagging Chikou span is approaching resistance from prior price structure—a possible drag if momentum wanes.

$LUNC price movement (Source: TradingView)

Looking at the daily chart, the 1.618 Fib extension at $0.00007236 aligns as the next major upside ceiling, while the breakout zone around $0.00006650 is expected to act as the primary support. A clean break above $0.00007300 could open the gates to $0.00007800 and $0.00008100. However, failure to hold $0.00006650 would expose $LUNC to a retest of $0.00006300 or even the rising base near $0.00006000.