$LRC /USDT BULLISH BREAKOUT INCOMING š | WATCH THESE LEVELS CLOSELY!
š TECHNICAL ANALYSIS:
Loopring ($LRC) is showing early signs of a bullish reversal after bouncing off its recent low at $0.0861. The price is forming higher lows on the lower timeframe and has respected the psychological support at $0.0900.
š Key Support Levels:
$0.0900 (strong base)
$0.0860 (major swing low)
š Key Resistance Levels:
$0.0940 (immediate resistance)
$0.0965 (24h high & breakout level)
$0.1000 (psychological target)
š¢ TRADE SETUP (LONG ENTRY):
šÆ Entry: $0.0910 ā $0.0920
šÆ Targets:
1. $0.0940
2. $0.0965
3. $0.1000
š Stop Loss: $0.0885 (below key support)
š RISK MANAGEMENT:
Use no more than 2-3% of your capital on this trade. Adjust your position size based on the SL range. Always secure partial profits at first TP! ā