🩶 #LTC/USD Winding Up – Is the Silver to Bitcoin’s Gold Ready to Shine?
⚡️🪙⛏️📉📈🩶⚡️🪙⛏️📉📈🩶⚡️🪙
LTC is showing signs of life as it challenges a key horizontal resistance. Recent price action has been grinding higher with supportive volume, but it’s approaching a critical breakout zone. Will bulls push through – or is this another fake-out?
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🔍 Key Levels to Watch
Resistance Zone: $74.00 – $76.50
Support Zone: $68.50 – $70.00
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📈 Trade Setup – Classic Range Break Potential
Bullish Entry: Above $76.80
Target 1: $80.50
Target 2: $84.00
Final Take: $88.80
Bearish Entry: Below $68.20
Target 1: $65.00
Target 2: $62.20
Final Take: $58.00
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📊 Momentum vs Structure
Volume: Gradually increasing on up-moves – bullish tilt
RSI: Mid-range (~55–60), room to run
MA Setup: Price reclaimed 20-day EMA; eyeing 50-day for confirmation
Structure: LTC forming a mini ascending triangle – breakout odds rising
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🧭 Smart Trader’s View
LTC has underperformed majors but could catch up quickly if momentum kicks in. Watch for a confirmed breakout candle above $76.80 with volume to validate the bull case. Until then, range-bound chop remains a risk. False breakouts have been common, so tighten stops and size positions carefully.
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✅ Summary Table
Scenario Entry Level TP1 TP2 Final TP
🐂 Bullish > $76.80 $80.50 $84.00 $88.80
🐻 Bearish < $68.20 $65.00 $62.20 $58.00
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TL;DR
Breakout Setup: LTC grinding into resistance with volume support
Caution: Needs clean break & daily close above $76.80 to confirm upside
Macro Watch: BTC and ETH trend will influence LTC's breakout odds
Strategy: Set alerts, manage risk, and avoid front-running the breakout.
