$LRC $LRC $LRC
{future}(LRCUSDT)
🔥LRC/USDT Perpetual, here’s an analysis with targets, stop-loss, and trend assessment:
Key Levels
Current Price: 0.14398 USDT24h High: 0.14840 USDT24h Low: 0.13433 USDTSupport Level: 0.14164 USDT – this could act as immediate support based on the recent low.Resistance Level: 0.14840 USDT – recent 24-hour high, serving as resistance.
Target Levels
First Target: 0.14840 USDT – aligns with the recent 24-hour high.Second Target: 0.15901 USDT – the next higher price level in case of bullish continuation.
Stop-Loss Level
Stop-Loss: 0.13433 USDT – slightly below the 24-hour low, to manage downside risk in case of a trend reversal.
Trend Analysis
Price Change: +7.18% over 24 hours, indicating bullish momentum.Volume: Strong trading volume with 116.99M USDT and 16.60M LRC, showing active market participation.Moving Averages:MA(5): 2,773,759 – supporting the short-term uptrend.MA(10): 4,640,541 – confirms upward momentum, as MA(5) is above MA(10).
Summary
Short-term Trend: Bullish, supported by strong volume and an upward price movement.Targets: 0.14840 and 0.15901 USDT.Stop-Loss: 0.13433 USDT.
This setup offers a good risk-to-reward ratio, with defined targets and a protective stop-loss to manage risk.
#USInflationAboveTarget #MemecoinWars #BTCBreaks93k #LRC/USDT
#writetoearn