šØ $LRC Price Squeezes TIGHT Next Big Move Incoming?
When a coin price goes quiet after a big jump, it's not resting. It's building pressure for the market's next real decision. Loopring ( LRCv) is doing exactly this right now
šÆ Spot Trade Plan:
Breakout Watch
(This is a plan for buying and selling (Spot) no high risk leverage.)
Entry Zone (Buy Area): $0.0640 ā $0.0650
Stop-Loss (Safety Exit): $0.0630 (If price hits this, we exit safely to protect capital.)
Targets (Goals for Selling)
$0.0680 ā First Goal (Take partial profit here)
$0.0700 ā Key Psychological Level
$0.0730 ā Final Resistance Goal
After a strong surge (+9.64%), the price of LRC (0.0648) is now moving sideways in a very tight, compressed range.
What It Means: Buyers are holding the price firmly above the 0.064 support. They are collecting coins quietly a classic sign of accumulation.
The Structure: Sideways movement after a powerful rise is usually a sign of strength, as long as the underlying support holds.
Quick Funda: Loopring is a key Ethereum Layer-2 technology that makes trading fast and cheap. The technology is stable; the market is now deciding the timing of the next move.
ā” Risk Smart Trading Tips
Patience: Wait for the price to settle in the Entry Zone for the best safe trade.
Confirmation: A strong move above 0.068 with noticeable volume confirms the upward breakout.
Capital Protection: Once Target 1 is hit, immediately move your Stop-Loss to your Entry Price (breakeven) to make the rest of the trade risk free.
Take Profit: Secure profits at the targets (Partial profits > full greed).
LRC is building pressure. As long as the price holds above 0.064, the structure favors a continuation toward $0.070ā$0.073. If 0.0630 breaks, the setup is invalid. No hype. Just market behavior.
ā ļø Disclaimer
This is for information and market analysis only not financial advice. Crypto is volatile and risky. Always Do Your Own Research (DYOR), use stop losses, and only invest money you can afford to lose.
