LUNA Loses Classic Shine: -7% Plunge Follows Terraform’s Chapter 11 Filing

Terra (LUNA) faces a 7% price drop as Terraform Labs files for Chapter 11 bankruptcy, raising investor concerns. Despite the price decline, LUNA sees increased trading volume, hinting at potential rebound opportunities. Technical indicators like RSI and CMF suggest a possible price reversal for LUNAUSD, attracting bullish sentiment. The Terra (LUNA) price has plummeted by...

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