$LRC USDT TECHNICAL ANALYSIS: STRONG BULLISH MOMENTUM EMERGING

$LRC USDT is currently trading at $0.0886, showing a +10.61% gain in the last 24 hours. The price is bouncing off its recent support at $0.0800, with the 24h high reaching $0.0912, indicating strong buying pressure.

Moving Averages:

MA(7): 0.0872 – Price is above the short-term moving average, signaling bullish momentum.

MA(25): 0.0861 – Price crossing above this level reinforces medium-term upward trend.

MA(99): 0.0838 – Long-term trend remains bullish as price stays above this key level.

Market Insight:

The recent breakout above $0.0860–$0.0878 range suggests continuation toward $0.0915–$0.0920 resistance.

Strong volume of 45.68M LRC confirms buyers are actively stepping in.

Any retracement to $0.0860–$0.0870 could provide a low-risk entry for bullish positions.

Conclusion:

$LRC/USDT shows strong bullish momentum with high potential for further upside. Traders should watch key resistance at $0.0912–$0.0920 and support around $0.0860 for possible pullbacks.

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