$LRC Price is sitting around 0.0649 after a sharp expansion from the 0.055 area, and the structure is clearly short-term bullish. The EMA stack is aligned upward with the 7 above the 25 and the 99, which tells you momentum traders are in control for now. That said, the rejection near 0.086 was aggressive, and the pullback since then shows this move was driven more by fast money than patient accumulation. Volume confirms that story. The spike was real, but follow-through has cooled, which often happens when excitement fades faster than conviction.
$LRC From a technical perspective, the 0.060 to 0.062 zone matters more than the current price. Holding above it keeps the trend intact and leaves room for another attempt toward 0.074 and possibly the prior high. Losing it would expose 0.057 and then 0.055, where the entire rally started. The fact that price is still above the 25 and 99 EMA is constructive, but it also means downside risk increases quickly if those levels break. This is not a chart that forgives late entries.
The controversial take is this: the trend looks healthy, but the move already paid the early participants. Chasing here assumes a second wave of demand that has not yet shown up in volume. If this coin is serious about continuation, it should consolidate and hold levels rather than spike again immediately. Until then, this is a trader’s market, not an investor’s one, and pretending otherwise is how people give profits back.
