LTC/USDT — Short-Term Profit Booking Setup
Entry Zone: $115.00 – $116.50
Quantity to Buy: ~8.7 LTC (for a $1,000 position)
Take Profit Targets:
TP1: $124.00
TP2: $135.00
Stop-Loss: $112.50
Live Price Snapshot:
Litecoin is currently trading around $114.57, representing a modest intraday dip, with a high of $119.03 and a low of $114.15.
Rationale:
Support Zone: The $115.00–$116.50 range aligns with a critical horizontal resistance being tested as support—creating a favorable entry setup. Breaking above this often signals bullish continuation.