$LTC / USDT – Long Trade Setup
Current Price: $109.09
Timeframe: 1H
Support Levels:
$107.65 Immediate support
$106.58 Secondary support
Resistance Levels:
$114.75 Initial resistance
$116.41 Next resistance
$122.29 Higher resistance
Trade Targets:
TP1: $114.75
TP2: $116.41
TP3: $122.29
Stop Loss:
Below $106.00 To protect against downside risk
This trade setup aims to capitalize on a potential breakout above $114.75. Maintaining tight risk management with a stop loss below $106.00 helps protect against downside, while layered take-profit levels at $114.75, $116.41, and $122.29 allow for securing gains if upward momentum continues. Monitoring volume and price action around resistance levels is crucial for confirmation.
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