I’m watching price press against the upper boundary of a descending channel, and this is where trends usually change or fail hard. Buyers are finally testing sellers instead of reacting late. That shift matters.
The 0.048 to 0.050 zone is the backbone here. Price has bounced from this area multiple times, which tells me real demand sits there. That’s not random. That’s accumulation behavior.
If $LRC breaks and holds above the channel, this structure flips. Momentum changes, sentiment follows, and a trend reversal starts to form. This is how slow downtrends usually end.
If it fails, I’m not surprised. A rejection sends price back toward that same support zone, where buyers have already proven they’re willing to defend.
Either way, this isn’t noise. This is a clean technical moment where the market shows its hand.
I’m fully focused here. This is where patience pays.
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$LRC is at a decision point right now.
I’m watching price press against the upper boundary of a descending channel, and this is where trends usually change or fail hard. Buyers are finally testing sellers instead of reacting late. That shift matters.
The 0.048 to 0.050 zone is the backbone here. Price has bounced from this area multiple times, which tells me real demand sits there. That’s not random. That’s accumulation behavior.
If $LRC breaks and holds above the channel, this structure flips. Momentum changes, sentiment follows, and a trend reversal starts to form. This is how slow downtrends usually end.
If it fails, I’m not surprised. A rejection sends price back toward that same support zone, where buyers have already proven they’re willing to defend.
Either way, this isn’t noise. This is a clean technical moment where the market shows its hand.
I’m fully focused here. This is where patience pays.