🚀 Litecoin ($LTC ) Consolidates – Price Update 🚀

🔹 Current Price: $86.48

🔹 Price Change: -0.46%

Key Insights:

Recent Momentum: LTC is in a consolidation phase, showing sideways price action with low volatility.

Trend: Neutral short-term trend – price is range-bound between key support and resistance.

Resistance: $88.00 remains the key upper boundary – breakout could trigger bullish continuation.

Support: $84.50 holding firm as range support – possible long entries near this zone.

📊 Technical Indicators:

RSI: At 53 – balanced, indicating indecision between bulls and bears.

MACD: Flattening – reflects consolidation and low momentum.

Volume: Declining volume – typical of consolidation, watch for spikes to indicate breakout direction.

📈 Next Targets (on breakout):

Target 1: $88.00 🚀

Target 2: $91.00 📈

Target 3: $95.00 🔥

🔒 Stop Loss: $83.80

Risk/Reward Ratio: 1:2.7

💡 Note: After reaching Target 1, consider moving stop to breakeven to protect capital.

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Trade wisely! 💼

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