Watching $LRC closely as it tests support
As long as $LRC holds above 0.0183, it could see a bounce towards 0.0257, given its oversold conditions and proximity to a significant support level.
Price is below SMA7 and SMA25, near a key support level, and the 10-bar trend is bearish but showing signs of exhaustion.
A daily close under 0.0180 breaks this setup and would likely lead to further downside.
Are you looking to buy this dip on $LRC or waiting for a clearer trend reversal?
As long as $LRC holds above 0.0183, it could see a bounce towards 0.0257, given its oversold conditions and proximity to a significant support level.
Price is below SMA7 and SMA25, near a key support level, and the 10-bar trend is bearish but showing signs of exhaustion.
A daily close under 0.0180 breaks this setup and would likely lead to further downside.
Are you looking to buy this dip on $LRC or waiting for a clearer trend reversal?