$LRC
Entry : 0.062 to 0.063
SL : 0.058
TP : 0.068 then 0.072 then 0.078
My opinion :
LRC is showing strong momentum after a sharp breakout from consolidation, with price reclaiming key moving averages and volume supporting the move. It’s not rushing — it’s building strength above 0.06 with conviction.
Market behaviour :
Price bounced from 0.058 and surged past the 25MA and 99MA, now testing resistance near 0.063–0.065. If it holds above 0.062 with volume, it can push toward 0.068. The 7MA is turning upward — confirming short-term bullish alignment.
Key risks :
A rejection at 0.065 with fading volume could lead to a pullback toward 0.058. Also, if price closes under 0.060, it may signal weakness and trigger profit-taking or stop-loss hunting.
Best move for holding or exit :
Take partial profit at 0.068 to lock in gains. Hold the rest for 0.072 with patience — if the uptrend continues cleanly, target 0.078. Avoid adding more if price stalls without volume confirmation.
If the plan breaks then watch this :
Watch 0.058 as the critical support level. If LRC closes below it with strong red candles and volume, exit all positions and wait for a new setup. A break here invalidates the current rally structure.
#WriteToEarnUpgrade #Binance $LRC
