$LTC
USDT BULLISH REJECTION – BUYERS READY TO LIFT THE PRICE 🚀
Litecoin has shown a strong bullish impulse followed by a healthy retracement, now forming a potential reversal at support. Buyers are stepping in to push the price higher towards previous highs.
🔑 Key Levels:
Support: $87.31 (current bounce zone)
Resistance: $88.41 (target zone)
Current Price: $87.51
📈 Trade Setup (Long):
Entry: $87.31 – $87.50
Take Profit: $88.41
Stop Loss: $87.05
📊 Market Outlook: The market structure remains bullish with a sharp impulsive move from the consolidation base around $86.80. The current retracement is holding above key support, indicating strength for another leg up towards $88.40+. Momentum is gradually shifting back to buyers after this short pullback.
⚠️ Risk Management: Risk only 1-2% of your capital per trade. Always wait for confirmation of rejection before entering to reduce fakeout risks.
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buy and trade here on $LTC