$LRC DEFI TOKEN BREAKS ABOVE KEY LEVEL WITH BULLISH MOMENTUM
$LRC is gaining traction with a +2.45% gain, currently trading at $0.1004. After defending the $0.0957 support level, buyers stepped in with strength, pushing the price to break above the short-term resistance near $0.1000.
Long Trade Setup
Entry Zone: $0.0995 – $0.1005
Target 1: $0.1025
Target 2: $0.1050
Stop Loss: $0.0972
Market Outlook:
LRC is forming a bullish reversal pattern with volume confirmation on the 1H chart. The breakout above $0.1000 marks a potential trend continuation, with room to test the $0.1050 zone in the short term.
Risk Management:
Stick to tight SLs and consider trailing your stop once TP1 is near. Position sizing is key—don’t over-leverage.