$LTC /USDT – Range Breakout Setup Incoming?
Current Price: $101.6
24h Volume: 1.10M $LTC | $111.76M USDT
Technical Analysis:
MA(7): $101.90 – Just above current price
MA(25): $101.63
MA(99): $101.88
LTC is consolidating near its moving averages, preparing for a breakout
Strong resistance around $105, key support around $98.30
Trade Plan:
Scenario – Bullish Breakout
Buy Above: $102.20
Stop Loss: $99.80
Targets:
🎯 TP1: $105.00
🎯 TP2: $108.50
🎯 TP3: $112.00
Scenario – Rejection & Pullback
Sell Below: $98.00
Stop Loss: $101.50
Targets:
🔻 TP1: $95.00
🔻 TP2: $91.80
Sentiment: Neutral with potential for bullish momentum if volume increases above $102.
