$LTC
📊 Technical Overview
Short-Term:
TradingView rates LTC a Strong Buy on daily/weekly/monthly with bullish moving averages, though oscillators are mixed .
**Major Support/Resistance Levels:**
Resistance: ~$96.30 weekly/hard pivot; above that, next targets at ~$98.32 and $99–$100 .
Support: Key zones at $93.00–$95.50, with deeper support around $82.40 .
Indicators:
RSI (14): ~65 (bullish, not yet overbought)
MACD: Positive histogram, bullish crossover .
Moving Averages: Price sits above 5/10/20/50/100 MAs — clear buy signals. However, 200‑day MA (~$97.80) is near and may act as resistance .
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🟢 Trade Setup – Today
Strategy Entry Zone Targets Stop‑Loss
Dip Buy $95.50 – $96.00 $99.00 → $102.00 $94.00
Breakout Play Above $99.80 $105 → $110 $98.00
Fade from Resistance $99.80 – $100.50 $96.00 – $95.00 $101.50
Rationale:
Dip Buy: Riding short-term uptrend and bounce from support.
Breakout: Overcoming major resistance could spark a move toward $110, supported by ETF and halving optimism .
Fade: Overbought conditions at resistance suggest a cautious profit-taking zone.