$LTC AT A CROSSROADS: WILL BUYERS LIFT IT ABOVE $102?
LTC is trading at $101.67, showing mild recovery after a sharp intraday dip. The price is currently battling to break above a local resistance zone. A confirmed move either way could set the tone for the next directional play.
Key Levels to Watch:
• Resistance: $102.20 – A breakout above this level could kick off a fresh bullish wave.
• Support: $100.50 – Failure to hold this zone could open doors to deeper correction.
Trade Setup – Get Ready for Directional Clarity!
Bullish Scenario:
• Entry Trigger: Break and hold above $102.20
• Target 1 (TP1): $104.00
• Target 2 (TP2): $107.00
Bearish Scenario:
• Entry Trigger: Break below $100.50
• Target 1 (TP1): $98.80
• Target 2 (TP2): $97.20
Stop-Loss (Risk Management):
• Longs: Below $100.50
• Shorts: Above $102.20
Volume Insight:
3.37K – Currently moderate. A volume surge would validate the breakout or breakdown.