🔥 Alert with $LRC /USDT! 🔥
It seems that LRC is testing an important resistance in the $0.093 - $0.094 range. If we look at the chart, the price has attempted to break it several times. The taker buy volume had an interesting spike a few minutes ago (around 07:45), which could indicate bullish interest, but the Long/Short average is quite divided, with a slight increase in short positions in the last few minutes.
We are at a crucial moment. If LRC manages to achieve a confirmed breakout with volume above $0.094, we could see an interesting move towards the $0.095 area and even $0.096-$0.097. It could be a good long opportunity if the movement is confirmed.
But watch out! ⚠️ If it fails to break and we see a strong rejection from this resistance, we could be facing a pullback in search of liquidity at lower levels. The key support to watch would be in the $0.091 - $0.090 range. If it loses that level, we could see a drop towards $0.088.
The key here is confirmation. Buyers need to show more strength and maintain the volume. A lot of liquidity is at stake. Let’s stay alert to the wicks and the volume; there could be some manipulation in this area!
