LTC/USDT Live Update – Breakout Confirmed! 🚀
Latest Price: $95.00 (+1.02%)
New 24h High: $95.08 (breaking previous resistance at $94.84)
24h Low: $91.85 (unchanged)
24h Volume: $59.492M (lower than last spike, but still healthy)
Critical Observations
1. Price Action:
Breakout above $94.84 (now trading at $95.00).
Next resistance levels: $95.50 → $96.00 → $97.00.
2. Moving Averages (Bullish Stacking):
MA5 (94.56) > MA10 (94.17) > MA20 (93.82) – Strong uptrend structure.
Price is holding well above all key MAs.
3. Volume:
Recent candle volume: 11.826K (decent, but not as strong as earlier $82.7M spike).
MA5 volume (15.224K) > MA10 (14.529K) – Slight uptick in buying interest.
4. Support Levels:
#
Immediate support: $94.50–$94.60 (previous resistance, now flipped support).
Stronger support: $93.80–$94.00 (MA20 zone).
Updated Trade Strategy
🟢 Long (Buy) – Now Validated
Entry: Already in breakout zone ($95.00).
Confirmation: If price holds above $94.80–$95.00 (retest as support).
Targets:
$95.50 (partial profit).
$96.00–$97.00 (next resistance zones).
Stop-Loss: Move to $94.40 (below recent support).
🔴 Short (Sell) – Only if Breakdown Occurs
If price drops below $94.50, watch for:
A retest of $93.80–$94.00 (MA20 + psychological support).
Potential short with stop-loss above $95.10.
Key Takeaways
✅ Breakout confirmed – Bullish momentum intact.
📊 Next targets: $95.50 → $96.00 → $97.00.
⚠️ Watch volume – If buying slows, a pullback to $94.50 is possible.
Action: If already long, hold with a trailing stop. If not, wait for a slight dip near $94.80–$95.00 for a safer entry.
Always manage risk! 🛡️ Use stop-losses and avoid over-leverage.
