Terra Classic (LUNC) has been bullish over the last 24 hours, with price movements showing higher highs and higher lows. The rally saw LUNC climb to 0.00007448, but profit-taking near resistance levels has slightly dampened momentum. Despite this, the asset still maintains a strong position, trading around 0.00007363.

EMA Alignment Reflects Uptrend Stability

Looking at the Exponential Moving Averages (EMAs), the 20 EMA (0.00007361) and 50 EMA (0.00007190) are aligned in a bullish manner, suggesting that short-term traders remain optimistic. The 100 EMA (0.00006995) and 200 EMA (0.00006922) also move upwards, reinforcing the overall bullish sentiment. These moving averages will act as crucial support zones if LUNC experiences further retracement.

Read more: Terra Classic Crumbles: Will LUNC Find Its Way Back Up?

RSI Divergence Indicates Bearish Pressure Building

A key indicator to monitor is the RSI Divergence (5, 14), currently at -8.55. Negative divergence suggests that the underlying momentum may weaken despite the price increase. A correction toward the 50 EMA (0.00007190) or 100 EMA (0.00006995) is likely if selling pressure increases.

Short-Term Scenarios: Breakout or Breakdown?

If LUNC bulls regain strength and push the price above 0.00007450, the next resistance target would be 0.00007800. Conversely, if bearish pressure persists, LUNC may retrace toward 0.00007190, with further downside risk at 0.00006995.

The market remains at a crossroads, with LUNC attempting to sustain its bullish structure while momentum indicators flash warning signals. A breakout above 0.00007450  could extend gains, but a deeper correction may follow if support at 0.00007300 fails. Traders should remain cautious and monitor EMA levels and RSI divergence closely in the coming hours.