LTC/USDT Trading Strategy: Profit from Strong Momentum 🎯
Current Price: 139.25
Entry Range:
Ideal Entry Point: 139.25 – The current price is near key resistance levels, making it a suitable entry point.
Buy Range: 129.47 to 140.93 – This range aligns with the SAR value and the 24-hour high, providing good entry opportunities.
Trading Targets:
1. Target 1: 140.93 – The 24-hour high, reachable in the near term if momentum continues.
2. Target 2: 142.20 – A higher resistance level, offering additional profit potential.
3. Target 3: 145.00 – A key psychological resistance level, maximizing potential gains if the uptrend persists.
Stop Limit:
Stop-Loss: 129.47 – Below the SAR value, this stop level helps protect your position if the market moves against you.
Pro Tip:
Watch for volume spikes as the price nears Target 1. Increased volume can signal strong upward momentum. Once the price hits Target 1, consider using a trailing stop to lock in profits while leaving room for potential further upside.
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