Dear followers, a quick analysis of LTC/USDT on a 15-minute timeframe:
Current price: $109.70.
We are witnessing bullish momentum supported by good trading volume and positive MACD indicators.
Strong resistance at $113.00, which may cause a pullback.
The RSI indicator is in a neutral zone, leaving room for movement in both directions.
Support levels: moving averages (MA) act as dynamic support, and also the level of $103.64 is considered a potential support.
We are closely monitoring the support levels; any break below them may indicate a decline.
Advice:
Watch the price action at the $113.00 level.
Set stop-loss orders to protect capital.
Remember that markets are volatile, and analysis is not guaranteed.
Do not use this in a different timeframe; it may vary.
You are responsible for your decision; this is not a guaranteed profit recommendation; the profit is yours, and the loss is yours; use your own strategy.
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