🚀 $LRC /$USDT Technical Snapshot & Short-Term Trade Setup
Loopring (LRC) is gaining strong bullish traction, currently up +24.63%, trading at $0.1179. Here's a quick market breakdown for traders eyeing short opportunities:
Market Overview
24h High/Low: $0.1258 / $0.0917
Volume Spike: 237.53M LRC ($26.33M USDT) shows strong buyer activity.
Resistance Zones: $0.1258, $0.1300
Support Zones: $0.1125, $0.1050
Technical Indicators
EMA: Upward trend forming; crossover confirmed.
RSI: Hovering around 70 – bullish but nearing overbought territory.
MACD: Bullish histogram with strong momentum.
Short-Term Trade Targets
1️⃣ $0.1250 – Near-term resistance, ideal for partial profit-taking
2️⃣ $0.1300 – Key breakout zone
3️⃣ $0.1375 – Extension target if volume holds
Stop Loss
Set tight at $0.1090 to protect gains.
Note: Always do your own research. Not financial advice.
