$LTC – Strong rebound from the lowest level at $85.65
Testing price for the short-term moving average area
LTCUSDT rose from the lowest level in 24 hours at $85.65, reclaiming the 7 EMA ($86.59) and now approaching the 25 EMA ($87.02).
The increase in momentum suggests the possibility of a short-term bullish continuation towards higher moving averages.
Breakout signal: above $87.75
📈 Trading setup:
• Entry point: $86.50–$86.70
• Stop loss: $85.45
• Take profit: $87.30 / $87.75 / $88.93
📊 Market outlook:
LTC shows strength after a sharp decline, with the convergence of moving averages indicating the potential for a bullish reversal.
A sustained move above $87.75 could open up further upside.