Summary
•
broke above key resistance at $0.0000435 and closed near its 24-hour high at $0.0000441.
• Volume surged by ~3x in the final 3 hours, confirming bullish momentum amid rising turnover.
• RSI hit overbought levels, suggesting caution for near-term consolidation or pullback.
At 12:00 ET on 2026-01-14, Terra Classic/Tether (LUNCUSDT) opened at $0.00004297, hit a high of $0.00004446, and closed at $0.0000441. Volume totaled ~42.9 billion, with notional turnover of ~1.88 million.
Structure & Formations
Price formed a bullish breakout above $0.0000435 on strong volume, supported by a bullish engulfing pattern at 02:15–02:30 ET. A doji at $0.00004396 suggests temporary consolidation. Resistance appears at $0.0000444–445, while support sits near $0.0000435–436.
Moving Averages
On the 5-minute chart, price closed above both the 20-EMA and 50-EMA, reinforcing the short-term uptrend. Daily moving averages are not applicable due to the limited data range.
Momentum and Volatility
MACD remained positive and trending upward, confirming bullish momentum. RSI reached 68–70, signaling overbought conditions. Bollinger Bands showed a modest expansion, reflecting increased volatility, with price settling near the upper band at close.
Volume and Turnover
Volume surged to ~7.2 billion at 15:30–16:00 ET and remained elevated in the last 3 hours. Notional turnover closely aligned with rising price, with no divergence noted.
Fibonacci Retracements
Recent 5-minute swings show price hovering near the 61.8% retracement level of a $0.00004299–$0.00004446 move. A potential pullback could test the 38.2% level at $0.0000438–439.
Forward-looking, the pair may consolidate near current levels or face profit-taking pressure. Investors should watch for a breakout above $0.00004445 or a retest of $0.0000435–436. Volatility remains elevated, and sharp corrections cannot be ruled out.
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