Terra Classic (LUNC) drops 30.82% in 5 days but remains bullish on higher timeframes, buyers advised to wait.

Terra Classic (LUNC) has fallen 30.82% since June 1, experiencing five consecutive days of price declines despite a 20% rise in trading volume. The altcoin lost key support levels but retains a bullish trend on higher timeframes, with important demand zones holding steady. Technical indicators show mixed signals, with momentum bearish but selling pressure controlled. Traders are advised to wait for a clear trend reversal above $0.0000686 before buying to confirm bullish control.