$LRC /USDT- Bullish MOMENTUM 🚀

Support: $0.085 | Resistance: $0.095

$LRC is currently trading at $0.0948, reflecting a 0.1056% increase from the previous close. The price has reached an intraday high of $0.0988 and a low of $0.0817, indicating strong bullish momentum. A breakout above the resistance level could signal further upward movement.

Fibonacci Levels:

Retracement Status: Approaching the 61.8% Fibonacci retracement level.

Price Zones:

Support: $0.085

Resistance: $0.095

A breakout above the 61.8% retracement level could lead to further upward movement.

RSI:

Value: 59.64

Interpretation: Neutral momentum, room to move higher; no overbought or oversold conditions.

Entry Zones:

Safer: $0.085 – $0.088

Rationale: Aligns with recent support levels, offering a more conservative entry point.

Aggressive: $0.080 – $0.085

Rationale: Near previous support levels, suitable for traders with higher risk tolerance.

Take-Profit Zones:

TP1: $0.095

Rationale: Previous resistance level, potential for price rejection.

TP2: $0.100

Rationale: Next major resistance level, potential for further upward movement.

Stop-Loss Ideas:

Conservative: $0.080

Rationale: Below recent support levels, minimizing risk in case of a bearish reversal.

Tight: $0.085

Rationale: Just below immediate support, suitable for short-term traders seeking to limit potential losses.