LRC/USDT bullish ride? 👀 🚀 Loopring Today Analysis

💎 Paradisers, brace yourselves as we've spotted a promising opportunity with LRCUSDT, poised for a potent bullish surge following a retest of its formidable support.

💎 In our prior observations, LRC navigated within a descending channel. After breaking free, it faced rejection at the supply level of .1772. Interestingly, it's now revisiting the channel's support, which previously played the role of resistance.

💎 Currently, the odds are in favor of it embarking on a bullish trajectory from the solid support level at .1644. This is further bolstered by the presence of untouched supply zones overhead, indicating a potential visit to these levels in the foreseeable future.

💎 However, on the flip side, should the price breach the .1644 support, we might witness a notable downward shift.

💎 Remember to employ prudent trading strategies and use proper stop-loss measures! Stay alert to market movements and look forward to more insight

Trade closed: target reached:

💎 Just as predicted, #LRCUSDT up a smooth 45.12%!

Comment: