$LTC /USDT BULLISH BREAKOUT HOLDS – EYES ON 134+ RETEST!
Litecoin has delivered a strong rally from the 118.36 low, surging past key moving averages and touching a high of 134.19 before a mild pullback. Price is currently holding above the MA(7), indicating that buyers are still in control and a push back towards the recent high is likely if support levels remain intact.
Trade Setup:
Type: Long
Entry Zone: 130.50 – 131.20
Take Profit 1: 134.00
Take Profit 2: 136.50
Stop Loss: 128.00
Market Outlook:
Momentum remains strong with MA(7) trending sharply above MA(25) and MA(99). As long as price stays above 128.00, the bullish trend is expected to continue with potential for higher highs in the short term.
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