$LTC Trade Setup (Long):
Entry: $87.60 – $87.70 (current zone)
Stop Loss: $85.80 (below strong support zone)
Target 1: $88.30 (recent minor resistance)
Target 2: $89.50 (next resistance based on continuation)
Risk-Reward Ratio: about 1:2.5 or better
Conservative Plan:
If price dips to around $86.50 – $86.70, it becomes an even better entry.
Tighter Stop: $85.40
Higher Target: $88.50 first, then $89.80 next.
Why?
Price is above the moving averages (bullish trend).
Volume support on upward moves.
Order book shows buyers are heavier right now (61% bid dominance).