$LTC Holds Above $103 – Will Bulls Push Through $105 Resistance?
LTC/USDT is trading at $103.58, up 2.15% intraday as it attempts to stabilize after recent weakness. The 15-minute chart shows consolidation just below local resistance, hinting at a potential reversal pattern — but momentum is still fragile. A confirmed move through the $105 mark could spark a short-term breakout.
Key Technical Levels
• Resistance Zone: $104.80 – $105.20
Price must break and hold above this area to initiate a bullish continuation.
• Support Zone: $102.80 – $103.20
A breakdown from this base may lead to a retest of the sub-$100 range.
Trade Setup – Compression Ahead of Expansion
Bullish Breakout Setup
Entry: Break and close above $105.20
Target 1: $107.50
Target 2: $110.00
Bearish Breakdown Setup
Entry: Drop below $102.80
Target 1: $101.00
Target 2: $99.80
LTC is attempting to form a base, but volume remains modest. A strong breakout above $105 could confirm a shift in trend, while weakness below $103 risks a deeper correction. Patience is key here — let price confirm direction.