$LTC Fresh Rally Hits Resistance Wall: Next Surge or Short-Term Pullback?
$LTC is trading at $78.23, up +2.56% for the day, after a sharp rally that took price close to the 24h high of $79.14. Price is currently testing a key resistance level, which could determine the direction of the next leg.
Key Technical Levels:
• Resistance: $78.50
• Support: $77.50
Trade Setup – Breakout Watch or Cool-Off Incoming:
Bullish Scenario:
• Entry: Break above $78.50 with strong volume
• TP1: $79.50
• TP2: $81.00
• TP3: $83.20
• Stop-Loss: Below $77.50
Bearish Scenario:
• Entry: Breakdown below $77.50
• TP1: $76.40
• TP2: $75.00
• Stop-Loss: Above $78.50
The rally is strong—but so is the resistance. Watch closely for either a confirmed push higher or signs of a healthy retest before continuation.