$LRC Breaking the Downtrend and Launching Upwards! 🚀🔓
Where will it go after breaking the chains and gaining freedom?
Technical Analysis
The chart shows a clear and confirmed breakout of the long-term descending trendline that has been pressing on the price for a long time. This breakout is considered a very strong technical signal indicating the end of the downtrend and the beginning of a new upward phase, especially with positive buying candles appearing at the bottom levels. The condition for this positivity to continue is to stay above the breakout area and not return below it.
Targets:
🎯 T1: 0.1200
🎯 T2: 0.1800
🚀 Full Extension: 0.2400
