- Terra Classic charts show a strong bullish divergence.
- A potential 180% price reversal is in play.
- $0.000162 remains a key resistance target.
Terra Classic ($LUNC) is making headlines again with signs of a possible bullish reversal. Traders are watching closely as the asset flashes a strong bull divergence, a classic indicator suggesting momentum is shifting in favor of buyers.
Bull divergences happen when the price hits new lows, but the relative strength index (RSI) or other momentum indicators start to trend upward. In Terra Classic’s case, this signal is holding firm, suggesting that downward pressure may be waning, and a reversal could be near.
180% Upside Still in Play
The projected upside target remains around $0.000162, which represents a potential 180% gain from current levels. This target isn’t just a hopeful figure—it’s backed by structural strength on the chart. The price action continues to form higher lows, while key support zones hold firm.
For technical traders, this setup is promising. If Terra Classic breaks out of its current consolidation range with increased volume, the path to $0.000162 could accelerate quickly.
What to Watch Next
Investors and traders should monitor price behavior near local resistance and track volume spikes, which often confirm bullish breakouts. Additionally, news around the Terra Classic ecosystem or any major token burns could fuel momentum further.
As always, crypto remains a high-risk market . While the technicals look bullish, market conditions can shift rapidly, and it’s vital to practice sound risk management.
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