Long on Litecoin (LTC)

Entry: 94.96 USDT (Breakout of 200 MA on the daily chart)

The LTC price has broken the 200 MA, which is a strong bullish signal. This confirms the potential for continued growth, especially if the consolidation above this level is accompanied by an increase in volume.

Targets:

Target 1: 99.12 USDT – the nearest resistance zone, where partial position closure is possible.

Target 2: 102.7 USDT – the next important level, coinciding with a liquid area, where the majority of profit can be secured.

Justification:

Technical analysis: the breakout of the 200 MA indicates a trend change in favor of buyers.

Volume analysis (VPVR) shows a sparse zone above 95 USDT, which reduces resistance for growth.

Trend dynamics: the price is holding above key moving averages, strengthening the bullish sentiment.

Stop-loss: 92.40 USDT

If the price goes below 92.40 USDT, the long scenario becomes irrelevant.

Recommendation:

Take partial profits at target levels. In case of a breakout at 102.7 USDT, further growth can be considered. Risk management is essential.

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