$LRC /USDT BULLISH CONSOLIDATION SETUP NEAR MOVING AVERAGES
LRC demonstrates bullish potential as price consolidates near MA(7), MA(25), and MA(99), reflecting balanced momentum. The MACD’s slight positive crossover supports a possible upward breakout.
Long Entry: Above 0.0905 confirming bullish momentum
Take Profit Targets:
TP1: 0.0931 (recent resistance)
TP2: 0.0950 (next resistance zone)
Stop Loss: Below 0.0882 to minimize downside risk.
Risk Management:
Risk 1-2% of capital per trade. Maintain at least 1:2 risk-reward ratio. Monitor momentum indicators and price action closely for timely adjustments.
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