$LTC Bulls or Fakeout Fuel? Watch $116.00 Closely!
LTC/USDT is trading at $115.18, down by 2.89%, but bulls are trying to regain control after a sharp dip near the $113.91 mark. Price action shows a possible bullish recovery as LTC tests a key resistance band just below $116.00 — the next few candles could decide it all.
Key Levels to Watch
• Resistance Zone: $115.60 – $116.00
A breakout above this region may unlock bullish momentum toward:
• Target 1: $117.40
• Target 2: $119.30
• Support Zone: $114.20 – $113.20
Failure to sustain above this area could drag price lower toward:
• Target 1: $112.00
• Target 2: $110.70
Volume Insight
Volume is gradually picking up (6.7K), reflecting cautious buyer interest near the recent dip. A clear spike in buy-side volume above $116 could trigger rapid upside movement.
Trade Setup
Bullish Play
• Entry: Break and close above $116.00
• Target 1: $117.40
• Target 2: $119.30
• Stop Loss: Below $113.50
Bearish Play
• Entry: Break below $113.20
• Target 1: $112.00
• Target 2: $110.70
• Stop Loss: Above $115.60
LTC is sitting at a decision point—any push above $116 backed by strong volume could spark a continuation rally. But if bulls fail to reclaim momentum, the bears could push it back below $113 quickly. Eyes on the breakout zone.