đ Lightning Litecoin: Ready to Spark Above $120?âĄ
Litecoin (LTC) is showing strong bullish momentum, holding firm above $113 support while eyeing a breakout past the $120.34 resistance. With the 21âEMA acting as a solid base around $112, traders are watching for a confirmed move above $120 to target $128â$140 in the coming days.
Key Levels to Watch:
Support Zones: $113.4 â $112.0
Breakout Trigger: $120.34
Upside Targets: $128.48 â $140
Strategy Insight:
Long entries near $113â$112 with tight stops under $110 can catch pullback bounces.
Momentum buyers may enter on a 4H close above $120, aiming for extended gains.
Monitor BTCâs trendâLTC often mirrors Bitcoinâs moves (30âday correlation ~0.88).
Market Mood: Futures funding remains neutral at ~0.0100%, suggesting no extreme long crowding. Spot and onâchain activity remain healthy, adding confidence to bullish setups.
Will Litecoin fire past $120?
Watch these levels closely and ride the momentum!
DYOR No Financial advice!
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