$LRC /USDT – Rejection at Resistance: Short Setup in Play!
\$LRC spiked to \$0.1092 but couldn’t sustain, printing a strong bearish candle on the 15-min chart. Momentum has flipped after the sharp move up—signs of short-term weakness are clear.
Potential Short Trade Idea
Entry Range: \$0.1065 – \$0.1080
Targets:
TP1: \$0.1040
TP2: \$0.1015
TP3: \$0.0995
Stop-Loss: \$0.1095
Market Breakdown:
Bearish engulfing pattern post-pump
Key resistance holding firm
Thin support under \$0.104 could fuel further downside
Trading Tip:
Watch for a small bounce back into the entry zone—ideal for reloading shorts. Keep stops tight; volatility is high post-rejection.
Let the setup come to you—don’t force entries at the top!
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