⚠️ $LRC /USDT – Exhaustion Spike After Massive Pump

Possible Bearish Correction Setup

LRC just printed a vertical pump into resistance followed by a sharp rejection candle — a classic sign of buyer exhaustion and potential short-term correction.

📉 Short Signal Setup

🔻 Entry Zone:

0.0650 – 0.0660

🎯 Targets:

TP1: 0.0615

TP2: 0.0580

TP3: 0.0545

🛑 Stop Loss:

0.0710 (Above the wick high)

🧩 Key Levels to Watch

Major Resistance: 0.0850 – 0.0910 (strong rejection zone)

Local Support: 0.0600

Breakdown Level: 0.0570 (opens deeper fall)

📊 Market Structure

Huge one-candle pump → liquidity grab

Sellers stepping in quickly

Momentum cooling off

No bullish follow-through after wick rejection

This setup favors scalpers & intraday traders looking for a clean correction play.