Litecoin is currently exhibiting a strong bullish setup, consolidating tightly beneath a major resistance zone at $91.30. This structure hints at an impending breakout, with upward momentum gaining strength.
📌 Trade Overview:
Entry Range: Between $90.80 and $91.20
Stop Loss: Set at $89.70 to manage downside risk
Target Levels:
• 🎯 TP1: $93.00
• 🎯 TP2: $94.90
Leverage: 10x
Risk Allocation: 2–3% of portfolio capital
📈 Technical Insight:
LTC is holding firm above its short-term support at $90.80, signaling buyer dominance. If bulls manage a sustained push above $91.30, we could see a continuation toward the $93–$95 range. The current price action suggests strength, making this an attractive long setup in a tightening range.
Traders should watch for increased volume on a breakout, which would confirm upward continuation.
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🔹 LTC/USDT Price: $90.97 (+3.41%)
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