Mapping LUNC’s road ahead after Terra Classic’s 13% slide
The post Mapping LUNC’s road ahead after Terra Classic’s 13% slide appeared on BitcoinEthereumNews.com. Terra Classic [LUNC] has seen a massive distribution of price fluctuation over the past day, with capital outflow extending as far as 13% within that period. This marks two consecutive days of outflow shortly after it established its highest level since 2025. The possibility of a rebound still exists, but that is not to say it will be a quick one. If anything, another double-digit loss remains in play at the moment. Parabolic SAR enters its 7th bearish day The clearest signs of bear dominance seen over the past day come from momentum and trend indicators confirming selling pressure. The Parabolic SAR (Stop and Reverse), which tracks whether a trend is bullish or bearish through dots placed below and above the price, respectively, shows the bears have gained control of Terra Classic [LUNC]. The last time the Parabolic SAR formed above price was on the 12th of March, a move that lasted