Terra Classic (LUNC) has endured another challenging week as bearish pressure pushed the token further down. Over the last seven days, LUNC hovered around $0.00002652, marking a significant decline across major tracking platforms. Data shows that the token slid by more than 18% during the week, losing momentum almost immediately after touching short-lived intraweek highs.

The price performance chart reveals a steady descent from levels near $0.00003293, followed by repeated failed recovery attempts. LUNC struggled to hold above the mid-range zone and continued falling steadily until it reached the lower boundary around $0.00002643, which now acts as the nearest support. The weekly price low and high stand at $0.00002643 and $0.0000274, respectively, highlighting just how tight and fragile the current trading range has become.

Market Conditions and Sentiment

The past week has not been favourable for LUNC as overall market sentiment leaned risk-off. Liquidity thinned, and volume fell sharply, with 24-hour trading activity dropping to about $7.85 million, down nearly 48%. Reduced participation usually amplifies volatility on smaller-cap assets like LUNC, and that effect became more visible as the days progressed.

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The market cap also dipped to roughly $145.6 million, extending the downward pressure. The broader crypto market experienced pockets of uncertainty, and risk appetite shifted away from microcap tokens. When traders seek safer bets, high-supply assets like LUNC often take the most brutal hit. With a circulating supply of 5.49 trillion tokens, upward movements typically require stronger demand than what the market is currently offering.

LUNC Struggles to Hold Support as Rebound Remains Uncertain

Despite the selling pressure, the price has not broken significantly below its recent support levels. However, resistance remains far above the current zone, making a rebound difficult without renewed interest or stronger catalysts. LUNC continues to face a familiar challenge: an ample supply and limited bullish triggers. Attempts to rally remain short-lived, and the chart shows no major reversal signals at the moment.

Market watchers are now closely monitoring whether LUNC will stabilize above the current support or dip further into a lower range. Stability may indicate consolidation, but even then, a meaningful upward push would require sustained volume and stronger sentiment.

Terra Classic’s seven-day performance remains weak. The token lost momentum, investor interest declined, and market activity slowed noticeably. Until demand strengthens or a new catalyst appears, LUNC is likely to remain under pressure. Traders are watching closely for signs of stabilization, but for now, the trend still leans bearish.

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