Litecoin ( LTC ) Market Update & Strategy
Current Price: $95.35 USD
24h Change: -1.11 USD (-0.01%)
Intraday Range:
▲ High: $97.82
▼ Low: $94.21
Trend Outlook (LiteFinance):
🔸 Short-term:Bullish (recovery potential)
🔸 Monthly:Bearish (caution advised)
📈 Trading Strategy:
1️⃣ Entry Zone: $90–$95 (watch for pullbacks).
2️⃣ Targets:
→ Short-term: $105–$115
→ Medium-term: $120–$123
3️⃣ Stop-Loss:Tighten below $85–$88.
4️⃣ Manage Trades:
🔹 Scale out profits at $115–$123.
🔹 Re-enter dips near $90 if bullish indicators reset (RSI/MACD confirmation).
Key Levels:
🔹 Support: $90 → $88 → $85
🔹 Resistance:$97.82 (today’s high) → $105 → $123
💡 Why this setup?
LTC shows resilience near $95 despite bearish monthly pressure. The $90–$95 zone aligns with historical support, offering a favorable risk-reward entry. A break above $98 could accelerate toward short-term targets.
⚠️ Reminder: Crypto = high volatility! Never risk more than 1–2% per trade. DYOR No Financial advice!
