Litecoin ($LTC ) Faces Sharp Decline – Will Bulls Regain Control? 🔥🚨

📌 Current Price: $120.45 (-6.17%)

📉 Daily Range: Low: $118.76 | High: $130.50

Key Levels to Watch

🔻 Support: $118.75 – A breakdown below this level could push prices toward $116.50, increasing downside risk.

🔺 Resistance: $121.80 – A breakout above this zone could fuel a move toward $124.50 and beyond.

Trade Setup & Strategy

💡 Optimal Entry: $120.45

🎯 Target Levels: $122.50 | $124.80 | $127.00

🛑 Stop Loss: $118.50

⚠️ Key Market Insights:

Strong buying pressure above $121.80 is necessary for a potential recovery.

Partial profit-taking is advisable if Litecoin faces resistance at $124.50.

A sustained drop below $118.75 could intensify bearish momentum, leading to further losses.

With market volatility on the rise, traders should closely monitor these crucial levels. A decisive move in either direction will set the tone for Litecoin’s next trend. 📊🚀

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