$LTC

USDT BULLISH REVERSAL IN PLAY – BUYERS PREPARING FOR A STRONG BOUNCE

Litecoin is showing signs of a potential bullish reversal from key support levels. Currently trading around $84.54, price has tapped into the major support zone near $84.09-$84.07, forming a possible double bottom structure and indicating strong buyer interest.

🔑 Key Levels:

Support: $84.09 - $84.07 (strong horizontal demand zone)

Resistance: $85.00 (minor resistance), $85.81 (major target resistance)

📈 Trade Setup (Long):

Entry: $84.40 - $84.55 (current range)

Targets: TP1: $85.00, TP2: $85.81

Stop Loss: $84.07 (below structural support)

🌐 Market Outlook: Momentum is shifting bullish as price holds the major support zone with a potential upside towards $85.81 if buying volume sustains. A clean break and hold above $85.00 will strengthen bullish continuation towards the target.

⚠️ Risk Management: Always use proper position sizing. Risk only 1-2% of your capital per trade, keeping SL tight below structural support to protect from unexpected downside wicks.

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