Loopring (LRC/USDT) Daily Chart Analysis

📊 Trend: Bearish (Descending Channel)

🔹 Key Levels:
✅ Support: $0.12 - $0.13 (Demand Zone)
🚀 Resistance: $0.18 - $0.35

Market Outlook & Strategy

🔸 Bullish Scenario: If LRC breaks above the descending channel, it could aim for $0.18 and potentially $0.34.
🔸 Bearish Scenario: If price fails to break out, it might retest the $0.12 support zone.

📌 Trading Plan:
1️⃣ Breakout Entry: Buy if price closes above the channel with strong volume.
2️⃣ Rejection Short: Sell near resistance if rejection occurs.
3️⃣ Support Buy: If price dips to $0.12, look for bullish signals before entering.

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