Suggestions for trading TerraClassicUSD $USTC in both spot and futures markets:
Spot Trading
Short-Term Strategy:
Buy on Dips: Given the 12.37% gain over the past 24 hours, you could look to buy on slight pullbacks. Consider entering if it dips around the 24-hour low ($0.02246) for a potential quick gain if it rebounds to recent highs ($0.02806).
Sell at Resistance: The recent high ($0.02806) could act as a resistance level. Consider taking partial profits if USTC approaches this price level to lock in gains.
Medium to Long-Term Strategy:
Hold with Caution: USTC’s 1-year performance (+113.07%) shows some resilience, though it’s far below its all-time high ($1.05). If you believe in TerraClassicUSD's long-term growth, holding could be profitable, but be cautious of the project’s fundamentals and market sentiment as it’s still down ~97.5% from its peak.
Volatility Management:Use Trailing Stops: Given its high 24-hour volume and 7-day gain (+18.19%), USTC could see volatility. Set trailing stop losses to lock in profits in case of sudden downturns.
Futures Trading
Leverage Consideration:
Moderate Leverage: High volume and recent gains indicate potential for short-term moves. However, due to USTC’s high volatility, consider using low-to-moderate leverage (e.g., 3x–5x) to reduce risk.
Scalp Trading:
Take Advantage of 1-Hour Dips: The 2.6% drop in the last hour might be ideal for quick trades (scalping) by buying the dips and exiting with slight gains. Monitor the 1-hour movement as USTC appears to be highly responsive to market changes.
Hedge Strategy:
Long in Spot, Short in Futures: If holding $USTC in spot, you can short USTC in futures as a hedge against price declines. This approach can limit losses if USTC’s price decreases significantly while you still maintain a long position for potential growth.
Risk Factors
Watch Volume Fluctuations: USTC’s high 24-hour volume relative to its market cap (57.35%) suggests significant trader interest, but also volatility risk.
Monitor Market Sentiment: Since USTC's price performance is heavily influenced by speculative trading, check news updates or social sentiment around TerraClassicUSD for any shifts in momentum.
By adapting these strategies to USTC’s volatility, volume, and recent price action, you can capture short-term gains while managing risk in both spot and futures trading.
#USTC
$USTC

LUNC price climbed 3% in the last 24 hours, with the price currently trading at $0.00009199. The 24-hour low and high are $0.00008911 and $0.00009238, respectively. Moreover, the #TerraLunaClassic trading volume has increased by 15% in the past 24 hours, indicating a rise in interest among traders.

Terraform Labs will burn billions of $LUNC
and $USTC
tokens from the wallets next week, as per the bankruptcy court order. This has fueled LUNC to $1 speculation in the community.

Meanwhile, #USTC price climbed more than 2% and 4% in a week, with the price now trading at $0.0223. However, the trading volume saw a 15% decline in the last 24 hours.
#BinanceBlockchainWeek

The $LUNC burn is just around the corner, and while it has many in the crypto community buzzing, let's dive into what this burn really means. On October 31st, approximately 250 billion LUNC tokens will be burned—yes, a significant event, but with $LUNC 's colossal circulating supply sitting at around 6 trillion, is it enough to send shockwaves through the market?
📉 Breaking Down the Numbers: This burn represents just 3-4% of the total supply—a solid reduction, yet maybe not quite the game-changer many had in mind. Why? With such a vast supply, chipping away at 250 billion tokens might not deliver the rocket-fuel effect to send prices soaring overnight.
🚀 Supply Cuts Are Vital—But Are They the Magic Bullet? Supply reduction undeniably has its place. Less supply often brings scarcity, a key driver for potential price gains. Yet, for a token like $LUNC , with trillions in circulation, the market may need further burns or additional catalysts to ignite a sustained rally.
👀 A Call for Community Action This burn, however, is just one of many steps forward, and it’s a reminder of the ongoing commitment to rebuilding and reimagining $LUNC . Maybe it’s not about “one and done,” but a journey of multiple burns, staking incentives, and community backing to spark real momentum.
Is this the first domino? Or will we need more? Let’s dive into the debate! What’s your take—will this burn be the spark that ignites $LUNC 's future, or just a small step in the grand scheme? Let’s keep the conversation going—drop your thoughts below! 👇
#LUNC #USTC #Terra #BinanceBurn #Crypto
$LUNC
$USTC