Short LRC
Loopring (LRC) is a L2 blockchain built on Ethereum. It is a protocol to facilitate the construction of Decentralized Exchanges (DEXs).
Prices broke the longterm weekly trendline and was rejected after retesting it.
A proposed short setup with R:R = 2 is in chart.
To see better the price action, here below is a bigger view (on 1W TF)