LUNCUSDT Market Overview – 24-Hour Analysis (2025-10-09)

• Terra Classic/Tether (LUNCUSDT) formed a bearish trend after a failed rally, closing near a key support level.
• Volume surged during the morning session, but buying pressure faded in the afternoon.
• RSI indicated overbought conditions early in the session, followed by a rapid pullback into oversold territory.
• Bollinger Bands showed a moderate expansion, with price hovering near the lower band during the session close.
• A bullish engulfing pattern briefly appeared mid-session but failed to hold, signaling potential bearish momentum.

Terra Classic/Tether (LUNCUSDT) opened at $0.00005425 on 2025-10-08 at 12:00 ET and closed at $0.00005328 on 2025-10-09 at 12:00 ET, reaching a high of $0.00005515 and a low of $0.00005231. Total 24-hour volume was 9.93 billion LUNC, with a notional turnover of $5.36 million. The asset showed a broad bearish bias with multiple attempts to retest key levels.

The structure of the 15-minute candles reveals a strong bearish trend after a mid-session rally pushed prices above 5.51e-5. A brief bullish engulfing pattern formed in the late afternoon before a strong selloff pulled the price down near 5.30e-5, a critical support level. A doji appeared at the top of the rally, indicating indecision, while the final candle closed near the low, suggesting continued bearish momentum. Traders will likely monitor the 5.30e-5 level for potential rebounds or breakdowns.

MACD showed a bearish crossover in the late morning, with the histogram shrinking as the selloff accelerated in the afternoon. RSI dropped into oversold territory near the session close, hinting at potential short-term bounces if buyers step in. The 20-period EMA remained above the 50-period EMA for most of the session but eventually crossed below, reinforcing the bearish tilt. On the daily chart, LUNCUSDT remains below both the 50 and 200-day EMAs, indicating a longer-term bearish bias.

Bollinger Bands expanded during the morning selloff and remained relatively wide for the majority of the session. The price settled near the lower band at the close, indicating heightened volatility and bearish pressure. A contraction in the bands is unlikely in the near term, and a retest of the upper band would require a strong bullish reversal. Volatility remains elevated, and a breakout above the upper band could be a key catalyst for a reversal.

Volume and notional turnover showed a sharp increase during the morning selloff, with the largest 15-minute volume spike reaching 2.08 billion LUNC. The high-volume bar coincided with the price dropping from 5.51e-5 to 5.39e-5, a significant decline. However, notional turnover diverged with price in the afternoon, showing a lower spike despite a continued drop in value, suggesting diminishing bearish conviction. Traders should watch for a volume-driven reversal if buyers defend the 5.30e-5 level.

Fibonacci retracement levels were applied to the key swing from 5.41e-5 to 5.51e-5. The price briefly touched the 61.8% level at 5.46e-5 before retracing downward. The 38.2% and 61.8% levels may serve as short-term support/resistance for the next 24 hours. On the daily chart, the 38.2% retracement of the larger swing from the 5.20e-5 low to the 5.60e-5 high lies at 5.35e-5, a potential area of consolidation or reversal.