$LGELECTRONICS Update ๐ Can LG Electronics push beyond $160?
๐ฐ Price now: $155.71 | 24h: +3.80%
๐ 24h range: $146.00 โ $159.91
๐ฐ What's happening:
LGELECTRONICSUSDT is showing strong momentum, trading near its session high with about $714K in 24h volume. LG Electronics also reported record Q2 revenue of KRW 23.83T and operating profit of KRW 1.58T, up 147% year over year.
๐ฅ Key catalyst:
Strong premium-product sales, automotive electronics growth and improving cost efficiency are supporting the earnings recovery.
๐ Next step to watch:
๐ด Bearish case: Below $146 โ downside momentum could strengthen.
๐ข Bullish case: Above $159.91 โ $160 becomes the next psychological level.
๐ My take:
The setup remains interesting, but $160 is the key near-term test.
Not financial advice, DYOR โ ๏ธ
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$LGELECTRONICS