$LTC Breaking Resistance or Losing Steam? Watch This Critical Zone Closely!
LTC is now trading at $97.62, up 7.29% today, after hitting a 24h high of $98.32. Price recently spiked on strong volume but faced rejection near the $98 zone — a psychological and technical resistance. Bulls need to push harder or risk a pullback.
Key Technical Levels
• Resistance Zone:
• $98.00 – Immediate resistance; breakout here opens up space for a run toward $100
• $100.50 – Round-number magnet level if momentum continues
• Support Zone:
• $97.00 – Local support now being retested
• $96.00 – A strong support block; breakdown here could cause further correction
Trade Setup – High-Alert Zone for Next Move
• Bullish Entry: Clear break and close above $98.00
• TP1: $99.30
• TP2: $100.00
• TP3: $101.50
• Bearish Entry: Break below $96.00 with volume
• TP1: $94.80
• TP2: $93.60
• TP3: $91.80
Volume is rising (15.7K), signaling fresh momentum — but the price needs confirmation above $98.00 for sustained upside. If rejected again, sellers may take control short-term.
All eyes on $98 — breakout fuel or reversal trap? Prepare for volatility!