🔥 LRC/USDT — Momentum gathered, the market is ready to continue
Brief market overview:
LRC/USDT is trading at 0.06347, with a price increase of +8.31% over the past day. Volumes are high (1.96B LRC), liquidity is excellent — the asset is clearly under the attention of market participants.
📊 Indicators (brief):
EMA 21 / 50: 0.05759 / 0.05726 — confident bullish bias
RSI (6): 84.96 — overbought zone, possible local pullbacks
MACD: 0.00049 — forming an exit from the bearish phase
🎯 Trading plan
Main scenario — LONG.
The price is above key EMAs, the momentum is strong. Despite the overbought condition according to RSI, the trend is not yet broken — if it holds above support, the growth may continue.
🥅 Targets:
1️⃣ 0.06700 — +5%
2️⃣ 0.07000 — +10%
3️⃣ 0.07200 — +13.5%
📍 Entry points:
Conservatively: 0.06300 — after confirming the level holding
Aggressively: 0.06350 — entry on a breakout of the local high
🛑 Stop-loss:
0.06000 — below the local structure, protection against a sharp reversal
🧠 Conclusion
LRC/USDT demonstrates a strong bullish momentum and interest from the market. The best tactic remains working from the long side with clear risk management. Overbought condition is not a reason to short the trend, but a reason to be disciplined.
⚠️ Not a financial recommendation. Trade with a cool head.
Spot 👉$LRC
