Terra Classic (LUNC) continues to attract attention from traders who believe the token has one more explosive rally in store. Once a centrepiece of retail speculation, LUNC has struggled to regain momentum after its collapse. Still, history shows that the token has delivered sudden surges, sometimes spiking by 500% or more in short bursts. With its price now hovering near $0.0000588, investors are asking: when will LUNC ignite its next massive run?

The Long Shadow of the Downtrend

The daily chart tells a sobering story. LUNC has been trading under a long-term descending trendline since its early collapse. Each attempt to break above this trendline has failed, with rallies fading before any sustained move higher. Until LUNC clears this barrier with conviction, upside potential remains capped. Last December, LUNC witnessed a massive influx of liquidity with a volume of 1.5B in 24 hours. It has since struggled to attract such liquidity.

However, this downtrend has become a psychological wall for traders. Many now see a breakout above it as the ultimate signal for a renewed bull run.

Despite its struggles, LUNC has shown resilience at a key support level between $0.0000526 and $0.0000580. Time and again, this zone has absorbed selling pressure, preventing the token from plunging into new lows. Holding above this range signals that long-term holders and speculative traders still believe in the possibility of another breakout.

If this support breaks, however, it could spell deeper trouble and diminish hopes of a rally anytime soon.

What Does The EMAs Say?

Looking at the Exponential Moving Averages (EMAs), momentum remains weak:

• The 20-day EMA (0.0000605) and 50-day EMA (0.0000606) are pointing downward, showing short-term selling pressure.
  
• The 100-day EMA (0.0000614) and 200-day EMA (0.0000665) remain above current price levels, serving as strong resistance zones.
  

For LUNC to flip bullish, it needs to reclaim these EMAs one by one. A close above the 200-day EMA would be the strongest early sign of a reversal.

What a Breakout Could Look Like

If LUNC does manage to break its long-term downtrend and reclaim the EMAs, the upside could be explosive. Key resistance levels loom at:

• $0.0001790 – a major supply zone from 2024 rallies.
  
• $0.0002800 – the higher resistance where previous bull runs topped out.
  

From its current levels, a surge toward these targets would represent gains of over 500%, aligning with the type of rally traders have come to expect when LUNC makes sudden, speculative moves.

Related article: From Crisis to Reinvention: The Diverging Paths of Terra Classic and Terra Luna

Community and Sentiment Still Matter

LUNC’s performance is not just about charts. The token is heavily influenced by community-driven initiatives such as token burns, governance proposals, and staking programs. In past rallies, these community-led events have fueled massive short-term spikes, even without strong fundamentals.

As such, any renewed momentum in burning tokens or pushing forward development on Terra Classic’s chain could act as catalysts for another sharp rally.

Market Outlook: Waiting for the Spark

For now, Terra Classic sits quietly at the crossroads. Its support around $0.000058 remains intact, but momentum is clearly weak. A breakout above the descending trendline and the 200-day EMA would be the technical spark needed to convince traders that another run is possible.

If these conditions align, and if community initiatives gain traction, LUNC could deliver the kind of 500% surge that has defined its previous rallies. Until then, traders must remain patient and cautious, as the token’s history also reminds us of its volatility and risk.

Conclusion

Terra Classic is a token defined by extremes—steep declines punctuated by sudden and dramatic rallies. Trading at $0.0000588, it now faces one of its most important tests: defend key support and break above the long-term downtrend. If successful, LUNC could spark the kind of 500% rally that traders are eagerly waiting for.The question remains: is the market ready for another explosive LUNC breakout, or will it continue to drift sideways under the weight of its past?