Post
I’m watching $LRC p closely right now. Price just tapped a short-term demand zone after a heavy pullback and I’m seeing buyers step back in with increasing volume on the last few candles. Momentum is trying to shift, and if this bounce holds, we can get a clean move from this base.
Trade Setup (Educational Only)
Entry Zone:
0.0612 – 0.0628
Target Points:
• First target: 0.0664
• Second target: 0.0695
Stop Loss:
0.0592
Why this setup works
I’m taking this setup because the chart shows a clear attempt to form a higher low on the 15m timeframe. Volume picked up at the bottom wick, MA(5) is trying to curl upward, and candles are rejecting the downside. When price holds this structure, it usually gives a short relief pump toward the next resistance block.
