$LTC /USDT Trade Setup
Market Insight:
Litecoin is trading at $92.81, down -4.38% on the day, indicating a corrective move after a recent peak at $97.28. Price is currently testing support just below the SAR level ($93.17), with momentum temporarily weakening.
Entry:
š¹ $90.00 ā $92.00
(Accumulation zone near the daily low and previous support)
Targets:
šÆ Target 1: $95.00
šÆ Target 2: $97.50
šÆ Target 3: $101.20
Stop Loss:
š $89.00
(To protect from a deeper correction below key support)
Key Levels:
Support: $90.75 / $92.04
Resistance: $95.37 / $98.32
Pivot Zone: $93.00 ā $94.00
SAR (Bearish): $93.17
MACD: Slightly weakening but not yet crossed negative
Pro Tip:
Wait for a 4H candle close above $93.20 with increasing volume to confirm trend reversal. If BTC stabilizes, LTC could quickly reclaim $95+ and retest the upper Bollinger band near $98.
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