$LRC / USDT FAKE SPIKE OR REAL RALLY?
$LRC jumped from $0.0869 to $0.0965 in a swift move but was met with immediate selling pressure. The sharp wick to the upside signals a possible fakeout, especially as price now hovers near $0.0916 and struggles to close above the mid-range zone.
With lower highs still intact and recent candles showing indecision, bears may regain control if support near $0.0880 fails. A clean flip above $0.0965 is needed to shift sentiment.
Trade Setup (Bearish Bias)
• Entry (Short): $0.0915 – $0.0925
• TP1: $0.0885
• TP2: $0.0850
• SL: $0.0960
Support: ~$0.0880
Resistance: ~$0.0965
Wick rejections + low volume = caution zone! Don’t fall for the trap unless bulls reclaim range highs convincingly.
buy and trade here on $LRC