$LTC /USDT – Bearish Retracement in Play! 🚨
Momentum Analysis:
LTC is showing signs of a significant retracement after breaking through key support levels. With the current market action, a bounce off the lower levels might offer an opportunity for short-term plays, but traders should stay cautious and watch for confirmation before taking any positions.
Trading Setup:
Entry Zone: $68.50 - $69.00
Targets:
T1: $70.00
T2: $71.00
T3: $72.00
Stop Loss: $68.00
Breakout Confirmation Level: $71.00
Key Support: $68.40
Pro Tip: With LTC facing a retracement, keep an eye on the key support and resistance levels. A clear break above $71.00 could signal a potential reversal or bullish momentum.
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