š„ $LRC: Massive Spike ā Approaching Major Resistance!
The Loopring ($LRC
LRCUSDT
Perp
0.05659
-3.57%
) chart has seen an enormous vertical spike in momentum, pushing the price well above the short and mid-term moving averages! This move confirms a decisive bullish shift in the market structure.
ā ļø Important Context Note: Live data suggests the price is currently trading around $0.0505, and the 24H volume is around $5.1M. This indicates that the $+31.07% spike to $0.0675 mentioned in the signal was a flash pump or wick wick-out that has since corrected. The signal is focused on a highly volatile event that has already occurred.
š Key Levels & Technical Analysis
The analysis points out the critical levels to watch, even after the pullback:
