🔥 $LUNA & $LUNC THE FINAL CHAPTER? IS A 2026 RECOVERY LOADING? 🚀
The Setup:
$LUNA (Terra 2.0): Trading around $0.0710 with neutral to slightly bullish sentiment.
LONC (Terra Classic): Holding support at $0.000034 with extreme fear in the market (Fear & Greed Index: 8).
Targets (LUNA): $0.0850 – $0.1160 – $0.1650 (End of 2026 Forecast).
Stop Loss: $0.0620 (Key technical support).
The Real News:
Terraform Labs Shutdown: The U.S. Bankruptcy Court has approved an extension for Terraform Labs to remain in a "wind-down" mode until December 31, 2026. This is an orderly liquidation, not a business revival, but it stabilizes the legal backdrop for the community-led networks.
Do Kwon Sentenced: In late 2025, founder Do Kwon was sentenced to 15 years in prison in the U.S. for fraud and manipulation. He still faces potential additional charges and up to 40 years of prison time in South Korea following his U.S. term.
Community Governance: Both LUNC and LUNA are now fully operational under community governance, separate from the bankrupt company's wind-down process