$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 downtren