**LUNC Surges with 17% Market Cap Increase!**
Terra Classic (LUNC) is making a strong statement with a 17% surge in its market cap, now reaching $615,262,846! This impressive growth is reflected in the 4-hour chart, which reveals a clear upward trend with the price consistently breaking through resistance levels.
**Key Levels:**
* **Support:** Holding strong around $0.000087570.
* **Resistance:** Recently broke above $0.000095000 with conviction. The next challenge lies at $0.000107581 and $0.000111752.
* **Targets:** If the bullish momentum continues, these resistance levels could become the next targets for LUNC.
**Indicators to Watch:**
* **Volume:** High volume accompanying the recent price surge confirms the strength of the bullish sentiment.
* **RSI:** Monitor the Relative Strength Index (RSI) for any signs of overbought conditions.
* **MACD:** A bullish crossover on the Moving Average Convergence Divergence (MACD) further supports the potential for continued upward movement.
**Trading Strategy:**
* **Long Entry:** Consider entering a long position on a pullback towards the support at $0.000087570 with a confirmed bounce.
* **Stop Loss:** Place your stop loss below the recent swing low or beneath the support.
* **Take Profit:** Target the resistance levels mentioned above, or employ a trailing stop loss to capitalize on the upward momentum.
**Market Cap Momentum:**
The significant increase in market capitalization indicates growing confidence and interest in LUNC. This surge could fuel further price appreciation as more investors enter the market.
**Disclaimer:** This is not financial advice. Conduct your own thorough analysis and manage your risk accordingly.
**#LUNC #TerraClassic #Crypto #TradingView #TechnicalAnalysis #MarketCap**
**Key Levels:**
* **Support:** Holding strong around $0.000087570.
* **Resistance:** Recently broke above $0.000095000 with conviction. The next challenge lies at $0.000107581 and $0.000111752.
* **Targets:** If the bullish momentum continues, these resistance levels could become the next targets for LUNC.
**Indicators to Watch:**
* **Volume:** High volume accompanying the recent price surge confirms the strength of the bullish sentiment.
* **RSI:** Monitor the Relative Strength Index (RSI) for any signs of overbought conditions.
* **MACD:** A bullish crossover on the Moving Average Convergence Divergence (MACD) further supports the potential for continued upward movement.
**Trading Strategy:**
* **Long Entry:** Consider entering a long position on a pullback towards the support at $0.000087570 with a confirmed bounce.
* **Stop Loss:** Place your stop loss below the recent swing low or beneath the support.
* **Take Profit:** Target the resistance levels mentioned above, or employ a trailing stop loss to capitalize on the upward momentum.
**Market Cap Momentum:**
The significant increase in market capitalization indicates growing confidence and interest in LUNC. This surge could fuel further price appreciation as more investors enter the market.
**Disclaimer:** This is not financial advice. Conduct your own thorough analysis and manage your risk accordingly.
**#LUNC #TerraClassic #Crypto #TradingView #TechnicalAnalysis #MarketCap**
Disclaimer
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