š $LRC /USDT ā Bearish Reversal Signal Active
LRC showed a sharp spike but failed to sustain momentum, forming a long upper wick ā a classic sign of buyer exhaustion and upside rejection.
Current structure favors a short continuation move.
š» SHORT SETUP (Futures Traders)
š Entry Zone:
0.0650 ā 0.0662
šÆ Targets:
TP1: 0.0615
TP2: 0.0588
TP3: 0.0545
ā Stop Loss:
0.0708
Key Levels to Watch
Major Resistance: 0.0700 ā 0.0715 (strong rejection zone)
Immediate Support: 0.0610
Breakdown Level: 0.0585 (if broken = accelerated drop)
ā ļø Market Outlook
Momentum slowing
Volatility cooling after the pump
Bearish pressure likely to continue unless price reclaims 0.0700

