$LTC

Trade Plan for LTC/USDT 📈

✅ Entry Zone: Buy within $103.00 – $103.50, near current price levels and the support of recent consolidation (aligned with EMA 9 and 21).

⛔ Stop Loss: Set at $102.50 (below the recent swing low and EMA 50).

🎯 Profit Targets:

Target 1: $104.00 📍 (Move stop to breakeven)
Target 2: $105.00 🎯
Target 3: $106.00 🚀

📊 Risk/Reward Ratio: 3:1+ ⚖ (Conservative exit at 2:1 if momentum weakens near resistance).

Key Observations:

Bullish Momentum with Correction: Price up +0.41% in 24 hours, with recent green candles indicating buying interest. The chart shows a steady uptrend with minor pullbacks, with the price near moving averages (7 SMA, 99 SMA), suggesting potential continuation.
Volume: 24h volume is 73,514.176 USDT, with chart volume at 16.83K LTC, indicating moderate liquidity—volume has been consistent, so watch for an increase to confirm upward momentum.
RSI and Indicators: RSI data isn’t visible, but the uptrend suggests it may be in the 50–60 range (not overbought yet). The moving averages are trending upward, supporting bullish sentiment.
Support/Resistance Levels: Key support at $103.00 (recent low); resistance at $104.31 (24h high of $104.31).

🔄 Strategy:

Trail stop above EMA(9) after Target 1 to secure profits.
Watch for rejection at $104.31 (24h high) for an early exit if momentum stalls, or a breakout above it for higher targets.
Monitor broader market trends (e.g., Bitcoin’s movement, Litecoin network updates) as LTC often correlates with market leaders.

Trade wisely! 🚀💰

Note: LTC’s volatility may rise with market-wide trends or mining-related news—scale in/out to manage risk, especially during this uptrend phase.