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$LRC – TREND IS STILL DOWN 🔻
Loopring continues to print lower highs & lower lows on the Daily. Price is holding below all major moving averages, confirming that bears still control the structure.
📉 RSI near 30 = weak demand, not reversal yet
📊 Volume is flat = no accumulation visible
📌 Trend = Bearish until proven otherwise
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📍 Key Levels to Watch
🟥 Resistance: 0.060 / 0.070 / 0.088
🟩 Support: 0.052 / 0.048 / 0.042
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📌 Trade Plan
🔴 Shorts on pullbacks into resistance
✅ Longs only for short scalps near support
❌ No swing buys until breakout above 0.070
🛑 Invalidation Above: 0.075
💡 This is a wait-for-confirmation market, not a prediction market.
Money is made by following trends, not fighting them.
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#LRC #Loopring #CryptoTrading #Altcoins #BearMarket
#Downtrend #SupportAndResistance #TechnicalAnalysis #PriceAction
#CryptoSignals