#Litecoinš° on the Launchpad ā Potential Upside Toward $100ā$LTC is showing signs of renewed bullish strength, having bounced from the $92.67 support zone and reclaimed the $94+ area. The formation of higher lows on both the 15-minute and 1-hour timeframes supports the current uptrend structure.
Entry Range: $93.00 ā $94.20
Target 1: $95.50
Target 2: $97.80
Final Target: $100.00
Stop Loss: $91.50
Market Insight:
A rise in volume and a confirmed break above the $94.19 resistance level indicate growing buyer interest. If momentum continues, a breakout above $94.80 may lead the price toward the $97ā$100 range.
Strategy Note:
Traders may consider taking partial profits at the first target and trailing the stop loss upward to manage risk effectively as the trade develops.
This is a structurally strong setup with a clear breakout potential, aligning with bullish market sentiment.