🚀 Crypto Trading Signal – $LTC /USDT (Litecoin)

📊 Market Overview

Current Price: $92.78 🔻(-0.03%)

24h High: $93.48

24h Low: $90.07

24h Volume: 546,742 LTC / 50.35M USDT

Trend: Consolidation near support 📉

📌 Technical Analysis & Signal

📈 Price Action & Trend Analysis

LTC/USDT is trading near a key support level at $90, showing signs of consolidation. If buyers step in, a potential recovery towards resistance levels is possible.

Support Levels: $90.00 / $85.00

Resistance Levels: $95.00 / $100.00

Volume Trend: Declining; needs a surge to confirm trend reversal

🔍 Indicators Analysis

⚠️ Moving Averages (SMA 9 & 21): Bearish, price trading below key moving averages 📉

⚠️ RSI (Relative Strength Index): Neutral (~45), indicating no strong momentum yet 🔄

⚠️ MACD (Moving Average Convergence Divergence): Still bearish but nearing a crossover point 🚦

📢 Trading Strategy

📉 SELL (Short) Setup

🔻 Entry Zone: $93.00 - $95.00

🎯 Target 1: $90.00

🎯 Target 2: $85.00

❌ Stop-Loss: $96.00

Risk-Reward Ratio: 1:2 – Favorable for short sellers.

📈 BUY (Long) Setup (If Reversal Confirmed)

✅ Entry Zone: Above $95.00

🎯 Target 1: $100.00

🎯 Target 2: $110.00

❌ Stop-Loss: $89.00

Risk-Reward Ratio: 1:2+ – Wait for breakout confirmation before entering.

📌 Conclusion

📊 LTC is in a consolidation phase near support at $90. If price breaks below, a short setup is valid. If buyers push it above $95, a bullish reversal is possible.

💡 Wait for confirmation before entering trades. Manage risk wisely! 🔥

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