š NAUGHTY LIST ALERT: $LRC SLIDES. š
š CLICK ON $LRC TO LOAD CHART
š» Entry: Immediate Market Entry (~$0.05770).
š Target 1: ~$0.05727 (Immediate Support).
š Target 2: ~$0.05638 (Mid-Range Correction).
š Target 3: ~$0.05540 (Base of the Pump / Full Retrace).
š SL: ~$0.05926 (Above the recent spike high).
RSI DIVERGENCE.
Santa checks the indicators, and LRC is flashing red.
The RSI indicator is explicitly printing a "Bear" signal, suggesting that the recent vertical pump is running on empty fumes.
We are seeing rejection wicks at the highs (~$0.05800), and the price is struggling to maintain altitude.
The chimney is slippery; we expect a slide back down.
ā”ļø THE PLAN.
Enter Short NOW.
The market is overbought on the lower timeframes.
We are fading this spike.
TP1 is a quick scalp to secure the bag. If the support breaks there, we ride the sleigh down to the structural level at TP2 ($0.05638).
š CLICK BELOW TO SHORT $LRC!