Market Overview for Terra Classic/Tether USDt (LUNCUSDT): 2025-09-10

• Price rallied to 6.117e-05 on 24-hour high volatility, ending near key Fibonacci levels.
• Momentum remains positive, with RSI above 50 and MACD bullish crossover.
• Volume surged during late ET rally, confirming strength in higher highs.
• Bollinger Band expansion signals rising volatility and potential continuation.
• Key support at 6.031e-05 was tested and bounced, indicating short-term resilience.

Terra Classic/Tether USDt (LUNCUSDT) opened at 5.974e-05 on 2025-09-09 12:00 ET and closed at 6.097e-05 at 12:00 ET on 2025-09-10. The price reached a high of 6.117e-05 and a low of 5.955e-05. Total volume was 12,655,153,468.22, and notional turnover amounted to $6,385.15, indicating active trading dynamics throughout the 24-hour period.

Structure & Formations

LUNCUSDT displayed a strong bullish bias over the 24-hour period, characterized by a series of higher highs and lower lows. A key breakout above the resistance level at 6.10e-05 occurred during the final hours of the period, supported by strong volume. A bullish engulfing pattern formed on the 15-minute chart around 13:00 ET, confirming the upward reversal. Meanwhile, the price tested a prior support zone at 6.031e-05 twice, both times bouncing off it, suggesting that short-term buyers are in control.

Moving Averages

On the 15-minute chart, the price remains above both the 20-period and 50-period moving averages, signaling a short-term bullish trend. The 20-period MA is currently at 6.048e-05, while the 50-period MA sits at 6.037e-05, indicating a steep upward slope. On the daily chart, the 50-period MA at 6.022e-05 is also below the current price, reinforcing the bullish momentum. However, the 200-period MA at 6.015e-05 remains a critical long-term support line.

MACD & RSI

The MACD line crossed above the signal line with a bullish divergence, indicating strong upward momentum. The histogram has expanded significantly, reflecting growing buying pressure. RSI is currently at 62, well above the 50 threshold and not yet overbought (above 70), suggesting that there is still room for upward movement. However, if RSI exceeds 70 without a corresponding volume spike, caution may be warranted.

Bollinger Bands

The price has moved well above the upper Bollinger Band, reaching a 24-hour high of 6.117e-05. This suggests that volatility has increased and that the market is in a strong uptrend phase. The band width has also widened, confirming the expansion in volatility. With the price sitting near the upper band, traders may look for a retest or a continuation, depending on the next breakout.

Volume & Turnover

Volume surged during the last four hours of the 24-hour period, especially after the breakout above 6.10e-05. This aligns with the price action, suggesting strong conviction among buyers. Notional turnover spiked to $6,385.15, a significant increase compared to the morning hours. The positive correlation between volume and price suggests that the rally is supported by genuine demand, not just momentum-based trading.

Fibonacci Retracements

Applying Fibonacci retracements to the key swing low of 5.955e-05 and the swing high of 6.117e-05, the 61.8% retracement level currently sits at 6.031e-05, which was tested and rejected twice during the 24-hour period. The 50% level at 6.036e-05 also held as a minor support. The recent price action has moved well above these levels, suggesting that the pair is entering a new phase. Traders may watch the 78.6% level at 6.076e-05 as the next potential resistance.

Backtest Hypothesis

The backtesting strategy described focuses on identifying bullish momentum signals using a combination of RSI, MACD, and volume confirmation. A trade would be triggered when RSI crosses above 50 while the MACD is in a bullish crossover and volume surges above its 20-period average. This approach aligns with the recent LUNCUSDT behavior, where RSI moved into bullish territory, MACD showed a clear bullish divergence, and volume confirmed the breakout. A hypothetical trade entry around 13:00 ET on 2025-09-10 at 6.097e-05 could have captured the subsequent rally to 6.117e-05. The strategy would likely have yielded a positive return with a stop-loss placed below the 6.031e-05 support level.