LRCUSDT BULL CASE 62% - BEAR CASE 38% - SWING IDEA (2-10 DAYS)

Watching LOOPRING/USDT for the next 2/3 weeks
For this trade idea, I have more of a short/mid term LONG Bias.
With an overall long term SHORT Bias.

BULL CASE:
After a little over/under a month of STRONG seller action, I
think we are due a retracement.
https://www.tradingview.com/x/lG7AC2Rn/
(1): Down Trend Line Broken and used as Support
(2): Wedge indicating a break out
(3): Retest of Weekly Support (0.6103) - Possibly tring to regain as Support
(4): With Weekly Level Gained Possible Squeeze to Retest Prior Support Levels


BEAR CASE:
With heavy seller presence we can expect a continuation of the trend
to POSSIBLY trap buyers on a break out and FLUSH to previous
Weekly Support (0.3004)

Possible RETEST of previous daily support (0.8068) and then a flush to
MACRO supports (0.3004, 0.1092)