$LTC /USDC – BULLISH MOMENTUM BUILDING ABOVE BREAKOUT ZONE
Current Price: $109.11
Litecoin has surged with strong volume and confirmed a breakout above the $106.20 resistance, now turned support. Price action is supported by bullish indicators and rising demand. A continuation move toward higher resistance levels is likely if momentum sustains.
Key Levels:
Support: $106.20
Resistance: $113.80 and $118.00
Trade Setup (Long):
Entry: $108.50 – $109.20
TP1: $111.50
TP2: $113.80
TP3: $118.00
Stop Loss: $105.90
Risk Management:
Use strict position sizing. Risk only 2% of capital per trade. Ensure stop loss is respected. Wait for candle confirmation or retest before entering.
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