#MarketTurbulence Here is a proposed trading scenario for the LTC/USDT pair based on supports, resistances, and the latest analysis:
🔹 Buy Plan (Bullish Scenario)
Entry: When the price rebounds from the level of 116.50 with confirmation through a strong green candle + an increase in trading volume.
Targets:
First Target: 119.30 (First Resistance)
Second Target: 123.00 (Major Resistance)
Stop Loss: Hourly candle closes below 115.80.
🔹 Sell Plan (Bearish Scenario)
Entry: In case of breaking the level of 116.50 with an hourly or 4-hour candle close below.
Targets:
First Target: 113.00
Second Target: 110.00
Stop Loss: Return and close above 117.50.
📌 Important Notes
Capital management is essential: risk should not exceed 2-3% of the capital in the trade.
Monitoring cash flow is important, and any large liquidity inflow for buying may change the scenario.