Technical Analysis: LRC/USDT - Bullish Momentum and Key Targets 🎯

The LRC/USDT pair is currently experiencing a significant bullish rally, with a price increase of +28.11% over the past 24 hours. Let's break down the key levels to watch and the potential price targets for the coming hours and days.

Key Technical Levels

Current Price: $0.1955

24h High: $0.1974

24h Low: $0.1517

24h Volume (LRC): 104.28M LRC

SAR (Stop and Reverse): 0.1683

Price Action Overview

LRC/USDT has shown impressive upward momentum, breaking through previous resistance levels. The price is currently consolidating around the $0.1955 mark, with strong support at the SAR level of 0.1683.

Key Targets for LRC/USDT 🎯

1. Target 1 - $0.1974 (24h High)

The immediate resistance zone lies at the $0.1974 mark. A break above this level could see LRC pushing towards the next psychological resistance around $0.20.

2. Target 2 - $0.20 - $0.21 (Psychological Level & Next Resistance Zone)

If the momentum continues, the next major resistance lies between $0.20 and $0.21. This is a key psychological level, and a break above it would signal further bullish continuation toward higher price levels.

3. Target 3 - $0.22 - $0.23 (Extended Resistance)

On a longer-term bullish move, the $0.22 - $0.23 zone comes into play, where historical resistance might offer a strong pushback. A breakout above this level could see LRC reaching new highs in the coming weeks.

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