$LTC USDT BULLISH REVERSAL SETUP – CAN THE BULLS DEFEND THIS ZONE?
Litecoin has reached a strong demand zone, showing early signs of bullish reversal after a sharp decline, indicating potential for a bounce towards previous resistance levels.
🔑 Key Levels:
Support: $86.31 – $86.59 (demand zone)
Resistance: $87.95 and $88.46
Current Price: $87.04
📈 Trade Setup (Long):
Entry: $86.80 – $87.10
Take Profit 1 (TP1): $87.95
Take Profit 2 (TP2): $88.46
Stop Loss (SL): $86.31
💡 Short Market Outlook:
$LTC is holding above the major support zone, forming a potential higher low. If buyers maintain this defense, expect a push towards $87.95 and further towards $88.46. Breakdown below $86.31 will invalidate this setup.
⚠️ Risk Management: Always use calculated lot size, risk only 1-2% of your equity per trade, and never enter late after breakout candles.
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