$LTC Breakout Brewing? Watch These Key Levels Closely🤔🔐👇
Current Price: $98.27
Timeframe: 1H & 1D
Trade Direction: Bullish
Trade Duration: Short to Mid-term (1–3 Days)
Chart Analysis:📊📉
On the 1H chart, $LTC is consolidating just below a critical supply zone ($98.5–$102), forming strong bullish candles after a CHoCH and recent BOS (Break of Structure).
Price is holding above all key EMAs with clean support from the 96.60 (21 EMA) and 97.23 (50 EMA).
The 1D chart shows a recovery phase from a recent dip, printing higher lows and currently pushing toward a bullish continuation.
Stochastic RSI is climbing, with momentum still intact and no signs of exhaustion yet.
Why Bullish?🤔💥
Sustained bullish structure with BOS and CHoCH confirmation.
Price is consistently forming higher highs and higher lows post pullback.
Clean EMA alignment and support reclaim on daily chart.
Breakout above $98.5 could lead to a quick test of $100–$102 zone.
Buy Zone: $96.50–$97.50
Targets:🎯
TP1: $99.80
TP2: $102.00
TP3 (Extended): $105.00
Stop-Loss: $94.80 below EMA confluence.☣️
Global Sentiment:🌍
Bitcoin and major alts are pushing against resistance levels as DXY cools off and ETF inflows rise again. If BTC sustains above $105K, altcoins like $LTC could outperform in the next impulse wave.
Takeaway:🧑💻
“Momentum respects structure. Trade the setup, not your emotions.”
Disclaimer: ⚠️
This is not financial advice. DYOR and manage your risk wisely.
