๐ Litecoin (LTC) Eyes Breakout โ Is It Time to Go Long?
Litecoin (LTC) is showing renewed strength, gaining over 10% in the last 24 hours, and now trading around $121. With growing volume and bullish technical patterns forming, LTC is setting up for a potential breakout that traders shouldn't ignore.
๐ Key Support Zone: $105โ108
๐ผ Breakout Level: $110.70โ111
๐ฏ Targets: $122 โ $125 โ $130
ย ๐ Stop-Loss: Below $105
๐ The recent surge is backed by increasing demand, bullish EMA crossover, and sustained momentum. A confirmed breakout above the $110โ111 zone could open the door to a rally toward $125 and beyond.
โ Trading Strategy:
Enter long on breakout above $111 with strong volume
Alternatively, buy dips near $105โ107 for better R:R
Use trailing stop to protect gains as price climbs
LTC is regaining market attention. With key resistance levels in sight, smart positioning could yield solid returns โ but risk management remains essential.
๐ Always DYOR. Monitor BTC & ETH as macro sentiment may shift rapidly.No financial advice!