$LTC /USDT BULLISH ANALYSIS – LONG SETUP BUILDING ON RECOVERY STRENGTH
Litecoin (LTC) is currently trading at $107.54 (+1.04%), showing signs of bullish recovery after holding above the mid-term support and climbing steadily toward key resistance. Price action and moving average confluence support a potential breakout on sustained momentum.
🔍 KEY LEVELS:
Current Price: $107.54
Support Levels:
$107.07 (MA7 – dynamic support)
$105.89 (MA25 – solid mid-term support)
$103.16 (24h low – strong structural base)
Resistance Levels:
$108.29 (MA99 – key level to flip)
$109.22 – $110.83 (major resistance zone)
📈 MOVING AVERAGES:
MA(7): $107.07 (holding price up intraday)
MA(25): $105.89 (confirmed support from prior pullback)
MA(99): $108.29 (needs breakout confirmation above this level)
✅ BULLISH OUTLOOK:
LTC is maintaining a solid structure of higher lows and attempting to push above the MA(99) resistance. The volume profile suggests steady accumulation, and the price is steadily building momentum. A successful break and close above $108.29 could trigger the next leg toward the $110+ zone.
The RSI (assumed from context) is likely mid-range, giving room for upside before overbought conditions.
🚀 TRADE SETUP (LONG):
Entry: $107.30 – $107.70 (on retest or consolidation breakout)
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