The analysis for Luna Classic (LUNCUSDT) indicates a prevailing bearish trend, with the price expected to continue its downward trajectory. The current price is approximately 0.000048. Technical indicators, including aggregated open interest, show shorts closing out or longs entering, while the cumulative volume delta (CVD) is trending upwards. However, the price concurrently exhibits lower lows, suggesting selling pressure from spot markets rather than futures activity driving the decline. Funding rates, previously negative and contributing to a price pump, have normalized and are slightly negative, but not sufficiently to incentivize longing. Volume is decreasing, and open interest remains relatively low, reinforcing the lack of strong bullish impetus. The analysis projects a likely fall to lower levels, with two key support zones identified. The initial support is located between 0.000044 and 0.000043, which also corresponds to a significant historical volume level, a 4-hour uptrend, and a point of control from a previous high-volume move. Should this level fail to hold, the next support zone is at 0.000039 to 0.000038. For a potential reversal and rally, the analyst requires confirmation in the form of new upward momentum and significantly negative funding rates at these support levels. Buying at the current price is considered premature. Based on the immediate bearish outlook, a target price for the current move is identified at the 0.000044 support level. The analysis would be invalidated if the price moves significantly above 0.000053, which represents a key resistance level. The timeframe for this analysis is primarily based on 4-hour chart observations.