📊 #LRC/USDT PERP – 15M Technical Outlook
LRC is currently trading around $0.0540, showing a clear overall uptrend structure. Price previously respected the rising trendline and delivered multiple BOS (Break of Structure), confirming bullish momentum.
Recently, we observed a CHOCH (Change of Character) followed by a healthy retest zone, indicating potential continuation after short-term consolidation.
🔹 Current Price: ~$0.0540
🔹 Entry Zone: $0.0538 – $0.0541
🔹 Stop Loss: $0.0526 (below key support & liquidity sweep)
🔹 Take Profit 1: $0.0552
🔹 Take Profit 2: $0.0560
🔹 Risk–Reward: ~1:2.5
📈 As long as price holds above $0.0535, bullish bias remains valid. A strong breakout and close above $0.0550 could open the door for higher targets. If price fails to hold support, expect deeper retracement before continuation.
⚠️ Trade with proper risk management. Market volatility is high—confirmation is key.
💡 Trend: Bullish
💡 Structure: BOS → CHOCH → Retest
💡 Bias: Long above support