$LTC

🚀 LTC/USDT – Is a Reversal Coming? 🔥

📌 Brief Overview:

LTC is currently trading at $90.20, down -2.67%, with a 24H high of $95.00 and a low of $88.88. After a recent sell-off, signs of a potential bounce are emerging. But is it a trap or an opportunity? Let’s dive in!

⏳ Timeframe: 5-Minute Chart

Short-term scalping opportunity detected.

Price action nearing a possible reversal zone.

📊 Market Overview & Analysis:

🔹 Support Zone: $88.80 – $89.50 🟢

🔹 Resistance Levels: $91.50 / $95.00 🔴

🔹 RSI at 65.51 – Approaching overbought territory ⚠️

🔹 MACD shows bullish crossover – Momentum building 📈

🔹 Volume spike – Buyers stepping in, but confirmation needed 👀

🎯 Trade Setup:

🚀 LONG Entry: Above $90.50

🎯 TP1: $91.50

🎯 TP2: $95.00

🛑 SL: $89.50

⚡ Leverage: 5x – 10x (High Risk!)

🔻 SHORT Entry: Below $89.80

🎯 TP1: $88.80

🎯 TP2: $87.50

🛑 SL: $90.50

⚡ Leverage: 5x – 10x

💡 Pro Tip:

Wait for a strong volume confirmation before entering a trade. If LTC breaks above $91.50, we could see a momentum push to $95.

🔚 Conclusion:

LTC is at a critical level where a bounce or breakdown can happen soon. Keep an eye on price action, volume, and RSI for confirmation.

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