Analysis of LTC on the 8.5 Day

LTC has been making a strong push from 110 and is now approaching the key resistance zone at 122. Looking back at the main upward phase in July, there were two attempts to break through this level but neither was successful. Now, as it challenges this level again, the strength or weakness is about to be revealed.

If it can break through 122 and stabilize, the subsequent space will be completely opened up, with the 130-150 range expected to be gradually realized. Conversely, if it faces resistance, a short-term adjustment will occur, with a pullback to around 115 seeking support.

In terms of operation, if 122 breaks and stabilizes, one can take a light position to go long, with the initial target looking at 127-130; if it rises and then falls back, add positions around 115, keep the stop-loss tight, and maintain the rhythm without chaos. $LTC #币安Alpha上新 #加密市场反弹 #美国加征关税