Current Price of LUNC: $0.0000886, trending upwards despite market downturn.
Potential Impact of Burn: If $60M is used to burn LUNC, it could reduce the circulating supply by 12%, potentially pushing prices past $0.0001 and triggering FOMO among investors.
Technical Analysis:
Key Support Level: $0.000084
Potential Rally: A breakout above $0.00015 could lead to a 53% price increase.
Downside Risk:
If support fails, prices could drop to $0.000073 or $0.000054.
Market Anticipation:
The AVAX buyback could be pivotal for LUNC's future, with momentum building for a potential rally.
Conclusion:
The next few weeks could be critical for Terra Luna Classic's price actionâinvestors are watching closely.
#MemeCoinTrending #BNBRisesTo600 #TeslaTransferBTC #BTCSoarsTo68K #SCRSpotTradingOnBinance
