$LTC
USDT BULLISH REVERSAL – READY TO BREAK RESISTANCE ZONE
Litecoin is showing strong bullish momentum after a sharp recovery from its recent dip. The price is currently trading at $86.87, pushing towards the resistance zone, indicating buyers are regaining control.
🔑 Key Levels:
Support: $83.70 – $82.80
Resistance: $88.50 – $89.00
Current Price: $86.87
📈 Trade Setup (Long):
Entry Zone: $85.50 – $86.50
Take Profit 1: $88.50
Take Profit 2: $90.00 (if momentum continues)
Stop Loss: $82.80
📊 Market Outlook: The market has formed a bullish engulfing structure after testing the lower support at $83.70, indicating a potential continuation towards the upper resistance. Buyers need to hold above $85.50 for a clean breakout confirmation.
⚠️ Risk Management: Use strict stop loss below $82.80. Risk only 1-2% of your capital per trade to manage volatility effectively.
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buy and trade here on $LTC