$LTC BREAKOUT OR PULLBACK? – AT A KEY INFLECTION ZONE
$LTC/USDT is currently trading at $101.00, holding firm after recovering from the day’s low of $100.71. Price action is testing a crucial resistance zone, and the next move could decide whether bulls take full control or sellers step back in.
Key Levels to Watch:
Resistance:
• $101.03 – Immediate ceiling in sight
• Breakout above this could push price toward:
TP1: $102.00
TP2: $103.20
Support:
• $100.00 – Key psychological and structural support
• $99.20 – Breakdown point that could invite downside toward:
TP1: $98.50
TP2: $97.30
Trade Setup – Prepare for Volatility Swings
Bullish Entry:
• A clear break and hold above $101.03 may open the door to:
• TP1: $102.00
• TP2: $103.20
• Stop-Loss: Below $100.00 to limit exposure
Bearish Entry:
• A drop below $100.00 support could lead to:
• TP1: $98.50
• TP2: $97.30
• Stop-Loss: Above $101.05 for protection in case of reversal
LTC is testing a pivotal level—don’t chase. Wait for a clear breakout or breakdown confirmation before positioning. This zone could be the launchpad for a bigger move.