Here’s a simple $LTC /USDT trade strategy based on your chart:
📊 Chart Analysis:
Price: $136.28 📈 (+4.17%)
Resistance: Near $138.00 🔴
Support: Around $132.00 🔵
RSI: Above 60, indicating strong momentum but approaching overbought conditions ⚠️
🟢 Bullish Strategy:
Buy on pullbacks near $132.00 - $134.00 ✅
Set take profit at $138.00 - $140.00 🎯
Stop loss below $130.00 🛑
🔴 Bearish Strategy:
Short if price fails to break $138.00 ❌
Target support near $132.00 ⬇️
Stop loss above $140.00 🚨
⚡ Extra Tip:
If RSI crosses 70, consider taking profits as the market may correct 📉