📢#alert and top #LUNC✅ #Update ‼️🚨
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Terra Luna Classic Price Targets Stability Post 72% Decline:
$LUNC aims for stability after a sharp 72.16% decline, recently rebounding 12.8% to $0.000081. It's navigating a descending triangle pattern, suggesting possible sideways movement.
📈😱Potential Upside and Challenges:
🚀A breakout above $0.000084 may propel the price to $0.000088, offering a potential 12-14% rally.
✍🏻The descending triangle's resistance presents a significant barrier to sustained upward momentum.
🤝🏼Confirmation of a trend reversal requires a decisive breach above this resistance level.
⚙️Technical Indicators:
♻️The 20-day Exponential Moving Average (EMA) acts as a critical resistance, influencing the ongoing corrective phase.
📊The Average Directional Index (ADX) at 32% indicates consolidation for market strength recovery.
🆘Terra Classic's price is at a crucial stage, seeking stability while eyeing potential upside amidst current market dynamics.
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