๐ $LTC / USDT Short-Term Strategy โช๏ธโก๏ธ
๐ Market Overview
โข Current Price: ~$85.65
โข Intraday Range: $81.28 โ $85.65
โข Trend: Sideways with bullish breakout potential
โข Key Resistance: $86.00 (recent high), $89.00 (next major level)
โข Key Support: $81.00 (local low), $78.00 (strong historical support)
๐ Litecoin is consolidating near support levels, indicating potential for a bullish breakout if volume increases.
๐ข Entry Zone 1: Pullback Entry ๐
โข Zone: $81.00 โ $82.00
โข Conditions:
โโ๏ธ Price pulls back to support with low volume
โโ๏ธ Bullish candlestick (hammer or engulfing)
โโ๏ธ RSI stays above 40
๐ข Entry Zone 2: Breakout Trade ๐ฃ
โข Zone: $86.00 โ $87.00
โข Conditions:
โโ๏ธ Breaks resistance with strong green candle
โโ๏ธ Volume spikes above average
โโ๏ธ RSI confirms bullish momentum
๐ฏ Profit Targets
โ TP1: $88.00 (near resistance)
โ TP2: $89.00 (approaching next resistance)
โ TP3: $90.00 (just below highest resistance)
๐ Stop-Loss
โข Pullback SL: Below $80.00
โข Breakout SL: Below $84.00
๐ Risk Management Tips
โข ๐ฐ Risk 1โ2% of capital per trade only
โข ๐ Use at least 2:1 reward-to-risk ratio
โข ๐ Move SL to breakeven once TP1 is hit
โข ๐งน Avoid overtrading โ stick to clean, high-conviction setups
๐ DYOR โ Always do your own research before entering trades. Crypto moves fast โ protect your capital and trade with discipline. ๐๐ธ
โ Buy and Trade here on $LTC