$LTC ā Reversal Signal in Play! šāØ
Litecoin ($LTC ) has shown early signs of a potential bullish reversal after a sharp pullback to the $85 support zone! The price has stabilized and formed a short-term base, suggesting momentum could shift back upward.
Market Insight:
After consecutive red candles, buyers have stepped in, defending the crucial $84.30ā$85.00 region. The risk-reward setup looks attractive for a bounce play, with a clear upside target toward $86.33 initially, and potentially $87.00 on a stronger breakout!
Trade Setup Idea:
Entry Zone: $84.90 ā $85.10
Take Profit 1 (TP1): $86.33
Take Profit 2 (TP2): $87.00
Stop Loss (SL): $84.32
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