$LRC /USDT is currently trading at $0.0625 (Rs17.57), but a sharp decline of more than 24% has been observed today. Sentiment appears to be bearish in the short term, as the price has fallen below its short-term MA(7). However, looking at the weekly chart, a 20% jump in the last 7 days is also visible, which could indicate some recovery. The volume of buyers in the order book is visibly higher, showing some buying interest at this level. Immediate support is around $0.0584, while if the price goes up, the first strong resistance will be at $0.0651 (recent high) and then the $0.0693 zone will come. The target, if a bounce occurs, seems reasonable at $0.0650, but the trend is currently mixed, so it would be better to watch the levels with patience.

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