🚀 Technical Analysis for LRC/USDT on Binance: Key Targets to Watch! 🚀
Overview:
LRC/USDT has seen an impressive 35.06% gain in the last 24 hours, trading at 0.2057 USDT. The token is currently experiencing a bullish momentum, and investors are watching closely as it heads towards key technical levels.
Key Technical Levels:
Current Price: 0.2057 USDT
24h High: 0.2123 USDT
24h Low: 0.1517 USDT
Volume (LRC): 139.90M
Volume (USDT): 25.01M
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📊 Target Levels to Watch:
1️⃣ Target 1: 0.2123 USDT (Previous High)
The first target to keep an eye on is the 0.2123 USDT level, which is the 24-hour high. If LRC can sustain its upward momentum, breaking above this level could signal a continued bullish trend. Watch for support at this level if the price retraces.
2️⃣ Target 2: 0.2149 USDT (Binance Price Range)
The next resistance level is 0.2149 USDT, the higher price range on Binance. A push past this level would mark a new high and may set up the next leg of the rally. Traders should look for volume confirmation here to gauge the strength of the breakout.
3️⃣ Target 3: 0.1705 USDT (SAR Indicator)
On the flip side, 0.1705 USDT is the key SAR (Stop and Reverse) value. If LRC falls below this level, it could signal a trend reversal and prompt a potential retracement toward lower support levels. Watch closely for any price action near this level as it may indicate a shift in momentum.
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{spot}(LRCUSDT)