$LRC /USDT – Sharp Rejection: Short Trade Opportunity! 🚨
$LRC pumped to $0.1092 but faced immediate rejection, forming a strong bearish candle on the 15M chart. Short-term weakness is kicking in after a vertical rally.
📉 Short Trade Setup:
Entry Zone: $0.1065 – $0.1080
🎯 TP1: $0.1040
🎯 TP2: $0.1015
🎯 TP3: $0.0995
🛑 Stop Loss: Above $0.1095
📊 Market Insight:
Bearish engulfing candle forming after rapid rise
Price failed to hold above key resistance zone
Low volume support below $0.104 adds downside risk
💡 Pro Tip:
Wait for a minor bounce to re-enter near resistance. Use tight SL due to volatility post-spike.
Don’t chase the top—ride the rejection! Keep it calculated!
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