🚨 1.06 BILLION $LUNC Burned — Why Isn’t the Price Moving? 👇
The Terra Classic community just crossed 1.06B $LUNC burned in early November alone, yet $LUNC is still down over 20% on the month and testing critical support at $0.0000365.
Here is what the charts and on-chain numbers actually show right now:
🔸 The Bullish Signal: Daily RSI has dropped into deeply oversold territory (~27–28). Historically, this is where short-term relief bounces toward $0.0000385 – $0.0000400 begin.
🔸 The Reality Check: Against a massive 5.52 Trillion circulating supply, a 1B burn only removes ~0.02% of tokens.
🔸 The Key Level: Buyers must defend the $0.0000360 floor to avoid a deeper drop, while traders await the next monthly exchange burn update.
Be honest — what is your realistic LUNC target before 2026 ends?
🟡 A) $0.000050+
🟡 B) $0.000100+
🟡 C) Back to $0.000030 first
Drop A, B, or C in the comments! 👇
Educational overview only — not financial advice. Always DYOR.
#LUNC✅ #Write2Ear #CryptoAnalysis
The Terra Classic community just crossed 1.06B $LUNC burned in early November alone, yet $LUNC is still down over 20% on the month and testing critical support at $0.0000365.
Here is what the charts and on-chain numbers actually show right now:
🔸 The Bullish Signal: Daily RSI has dropped into deeply oversold territory (~27–28). Historically, this is where short-term relief bounces toward $0.0000385 – $0.0000400 begin.
🔸 The Reality Check: Against a massive 5.52 Trillion circulating supply, a 1B burn only removes ~0.02% of tokens.
🔸 The Key Level: Buyers must defend the $0.0000360 floor to avoid a deeper drop, while traders await the next monthly exchange burn update.
Be honest — what is your realistic LUNC target before 2026 ends?
🟡 A) $0.000050+
🟡 B) $0.000100+
🟡 C) Back to $0.000030 first
Drop A, B, or C in the comments! 👇
Educational overview only — not financial advice. Always DYOR.
#LUNC✅ #Write2Ear #CryptoAnalysis