Terra Classic price drops 13% amid bearish signals, risking further decline if support breaks

Terra Classic (LUNC) experienced a 13% price drop over the past day following its highest level since 2025, with bearish momentum confirmed by the Parabolic SAR indicator entering its seventh bearish day. The price may fall further if it breaks the key support level at $0.00008941, potentially leading to an additional 11.32% decline. Despite this, investor sentiment remains mostly bullish at 84%, indicating cautious optimism. The market is currently range-bound, with the Accumulation/Distribution indicator showing balance between buyers and sellers, making the next move dependent on whether support holds or breaks.