Market Overview for Terra Classic/Tether (LUNCUSDT) on 2025-09-18

• Price surged to a 24-hour high of $0.0000618 amid increased bullish momentum.
• Volume and turnover spiked significantly in the last 6 hours, indicating heightened interest.
• Key resistance at $0.0000615 was tested and breached, suggesting short-term bullish continuation.
• Bollinger Bands showed a sharp expansion, reflecting heightened volatility.
• RSI entered overbought territory late in the session, signaling potential near-term correction.

Terra Classic/Tether (LUNCUSDT) opened at $0.0000592 on 2025-09-17 12:00 ET and closed at $0.0000610 by 12:00 ET on 2025-09-18. The 24-hour high was $0.0000618, while the low was $0.0000588. The total trading volume for the period was $8,803,024,448.59, and notional turnover reached $543,873,535.50.

The price action displayed a strong bullish bias over the 24-hour window, particularly from 18:30 ET onward when it broke above $0.0000610 and tested resistance at $0.0000615 and $0.0000618. A key formation was a bullish engulfing pattern at $0.0000603 (18:30–19:00 ET), confirming a shift in momentum. A higher high, higher low pattern emerged through the latter half of the session. Key support levels were identified at $0.0000600 and $0.0000595, both showing resilience during minor pullbacks.

Bollinger Bands expanded significantly after 22:30 ET, suggesting increased volatility. Price traded above the upper band during the 22:45–23:00 ET and 23:45–00:00 ET intervals, indicating strong upward momentum. The RSI reached overbought territory (75–80) after 22:30 ET, suggesting potential for a short-term pullback. The 15-minute MACD showed a bullish crossover and increasing histogram, reinforcing the upward trend.

Moving averages indicated strong alignment for the bullish bias. The 20-period and 50-period moving averages on the 15-minute chart crossed above the price after 19:30 ET, and the price remained above both throughout the night. On the daily chart, the 50-period MA at $0.0000595 and 200-period MA at $0.0000580 confirmed that the pair is trading above key long-term support, suggesting a continuation of the uptrend.

Fibonacci retracement levels played a role in shaping key price levels. A 61.8% retracement level at $0.0000608 was tested and surpassed, indicating strong conviction from bullish participants. The 76.4% level (~$0.0000613) was also approached, with price consolidating around this area before surging past $0.0000618.

The 15-minute chart shows a clear bullish continuation pattern with volume and turnover confirming the strength of the rally. The price is now in a position to test psychological resistance at $0.0000620 if momentum remains intact. However, given the overbought RSI and the potential exhaustion of the current rally, a retest of $0.0000600–$0.0000605 may be expected in the next 24 hours. Investors should watch for any breakdown below the 20-period MA at $0.0000605 as a potential early bearish signal.

The backtesting strategy described in the provided text aligns with the observed price behavior—particularly the use of RSI overbought/oversold levels and moving average crossovers. A strategy that enters long on RSI divergence and a bullish MACD crossover would have captured the late-night rally effectively. However, the overbought RSI and the high volatility suggest the need for tight stop-loss placement near $0.0000595. A trailing stop or a take-profit target at the 61.8% Fibonacci level could also be considered.