#LRC
• 0.030 – 0.033 major demand and invalidation zone
• 0.040 – 0.045 channel breakout and reclaim area
• 0.060 – 0.075 mid range resistance and momentum test
• 0.118 first major upside target
• 0.226 higher timeframe expansion level
As long as price holds above the recent lows and continues pressing against channel resistance, the structure favors a potential breakout attempt. This is a classic compression inside a downtrend where reclaiming the channel defines the shift from distribution to early accumulation.
Powered by @Coins🫶
• 0.030 – 0.033 major demand and invalidation zone
• 0.040 – 0.045 channel breakout and reclaim area
• 0.060 – 0.075 mid range resistance and momentum test
• 0.118 first major upside target
• 0.226 higher timeframe expansion level
As long as price holds above the recent lows and continues pressing against channel resistance, the structure favors a potential breakout attempt. This is a classic compression inside a downtrend where reclaiming the channel defines the shift from distribution to early accumulation.
Powered by @Coins
Please open Telegram to view this post
VIEW IN TELEGRAM