$LRC /USDT - BULLISH REVERSAL IN PLAY 🚀
Loopring is showing signs of a bullish reversal on the 4H chart, currently trading at $0.13585. The price has bounced off key support, indicating potential upside movement.
🔑 Key Levels:
• Resistance: $0.15000 (next challenge for bulls)
• Support: $0.12918 (critical bounce zone)
📈 Trade Setup (Long Entry):
• Entry: $0.13300 - $0.13600
• TP1: $0.14500
• TP2: $0.15000
• SL: $0.12900
📊 Market Insight:
A strong rebound from $0.12918 suggests bullish momentum is building. A break above $0.14000 could confirm continuation towards $0.15000. Watch for volume spikes to validate the move.
⚠️ Risk Management:
Keep risk exposure under 2% of your portfolio. Move your stop loss to breakeven after hitting TP1 to protect gains.