$LRC (Loopring) – Short Liquidation Signal
Liquidation Details: $5,030.8 at $0.06308, $1,098.6 at $0.06345
Market Insight: LRC is showing strong bearish momentum after failing to break key resistance levels. Short positions are being liquidated aggressively, indicating profit-taking by traders. The market is reacting to low liquidity zones and minor support tests.
Next Move: Momentum favors shorts; watch for a pullback before entering new positions. Key support is nearby.
Targets 🎯:
TG1: $0.06150
TG2: $0.06000
TG3: $0.05850
Strategy: Short-term traders can consider re-entering shorts near minor rebounds with tight stop-loss just above $0.06400.
LRC
0.0631
+10.89%