The current setup is weak or too risky to treat as an attractive buy right now.
In the current Bear Volatile regime, the best-fit approach is Capital preservation / avoid chasing reversals. Downtrend pressure is being reinforced by unstable price action, which makes capital preservation and patience more important than trying to catch sharp countertrend moves.
LooksRare support and resistance levels highlight key price zones where buyers and sellers are most active. This section helps identify likely breakout areas, pullback support, overhead resistance, and the current trading range so you can evaluate trend continuation, reversal risk, and near-term crypto price direction.
| Level | Zone | Strength |
|---|---|---|
| Support 1 | $0.00003588 - $0.00008841 | |
| Resistance 1 | $0.00009397 - $0.0001865 | |
| Resistance 2 | $0.0001971 - $0.0002752 | |
| Resistance 3 | $0.0003122 - $0.0003647 | |
| Resistance 4 | $0.0004317 - $0.0004842 |
LOOKS clears the resistance zone at $0.00009397 - $0.0001865 and holds above it. That would strengthen the breakout case and shift attention to $0.0001971 - $0.0002752.
LOOKS loses the support zone at $0.00003588 - $0.00008841. That would weaken the setup and open the way toward $0.00003588 - $0.00008841.
LOOKS continues trading between $0.00008841 and $0.00009397. In that case, range-trading conditions remain active.
Technical indicators help summarize trend, momentum, volatility, and key price levels. They should not be used in isolation, but they can help identify whether a coin is trending, ranging, overextended, or approaching an important support or resistance level.
| Indicator | Value | Signal | Interpretation |
|---|---|---|---|
| SMA50 | $0.0001607 | Bearish | LOOKS is trading below the 50-day average. |
| SMA200 | $0.0003065 | Bearish | LOOKS remains below the long-term trend line. |
| EMA50 | $0.0001530 | Bearish | LOOKS is trading below the 50-day exponential average, which weakens the recent trend. |
| EMA200 | $0.001018 | Bearish | LOOKS is below the 200-day exponential average, which keeps the longer-term structure under pressure. |
| RSI (14) | 39.90 | Neutral | RSI (14) is at 39.90, which keeps momentum in a balanced range. |
| Stoch RSI (14) | 16.94 | Oversold | Stoch RSI (14) is low at 16.94, which shows momentum is pressing near its recent lower extreme. |
| MACD | -0.00002325 | Bearish | MACD is below its signal line. |
| ATR | 45.70% | Volatile | Volatility is above its 180-day median. |
| VWMA | $0.0001155 | Bearish | Price is below the volume-weighted average. |
| Commodity Channel Index (20) | -86.53 | Neutral | CCI (20) is at -86.53, which keeps price relatively close to its recent average. |
| Awesome Oscillator (5, 34) | $-0.00006418 | Bearish | Awesome Oscillator is below zero at $-0.00006418, which supports bearish momentum. |
| Williams Percent Range (14) | -87.56 | Oversold | Williams Percent Range (14) is near the bottom of its recent range at -87.56. |
| Bull Bear Power (13) | $-0.00001486 | Bearish | Bull Bear Power (13) is negative at $-0.00001486, which suggests sellers are controlling price relative to the EMA baseline. |
| Ultimate Oscillator (7, 14, 28) | 29.95 | Oversold | Ultimate Oscillator is weak at 29.95, which suggests multi-timeframe downside momentum may be stretched. |
| Hull Moving Average (9) | $0.00007566 | Bullish | LOOKS is trading above the Hull Moving Average (9), which supports the near-term trend. |
| Ichimoku Cloud B/L (9, 26, 52, 26) | $0.0001468 | Bearish | LOOKS is trading below the Ichimoku base line, which points to weaker structure. |
Over the past 7 days, LooksRare price was most positively correlated with the price of Immutable X (IMX), Official Trump (TRUMP), Pepe Coin (PEPE), Optimism (OP) and Aster (ASTER) and most negatively correlated with the price of Raydium (RAY), Monero (XMR), BitTorrent (BTT), GateToken (GT) and Tezos (XTZ).
| Name | Correlation |
|---|---|
| Immutable X | 0.762 |
| Official Trump | 0.742 |
| Pepe Coin | 0.742 |
| Optimism | 0.714 |
| Aster | 0.708 |
| Name | Correlation |
|---|---|
| Raydium | -0.506 |
| Monero | -0.404 |
| BitTorrent | -0.389 |
| GateToken | -0.281 |
| Tezos | -0.248 |
LooksRare price is positively correlated with the top 10 coins by market cap with a price of 0.564, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.410. Currencies that are positively correlated with LooksRare indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with LooksRare, a move in one direction for LooksRare would translate into a move in the opposite direction for the negatively correlated coin.
