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$LTC /USDT Start of Recovery – Potential Bounce in Play
#Litecoin just bounced from its daily low at $63.08 and is now trading around $67.98, showing early signs of recovery after a sharp decline of over 16%. Buyers are gradually regaining ground, forming a potential short-term reversal setup.
Key levels to watch:
Support zone: $63.00 – $64.00 held strongly with a double bottom structure
Immediate resistance: $68.40, if broken, could lead to a swift rise towards $70.50
Increased trading volume: Notable increase in buying volume, indicating bulls are entering
Next steps:
If LTC maintains a level above $66.00, we may see another test of the $70.00–71.50 zone. Any dips towards $65.00 could provide better entry opportunities in terms of risk and reward for short-term traders.
This has not yet been confirmed as a full reversal, but the recent bounce is a positive sign for those looking for quick bullish momentum. Stay cautious but ready..
Buy and trade here on $LTC
#Litecoin just bounced from its daily low at $63.08 and is now trading around $67.98, showing early signs of recovery after a sharp decline of over 16%. Buyers are gradually regaining ground, forming a potential short-term reversal setup.
Key levels to watch:
Support zone: $63.00 – $64.00 held strongly with a double bottom structure
Immediate resistance: $68.40, if broken, could lead to a swift rise towards $70.50
Increased trading volume: Notable increase in buying volume, indicating bulls are entering
Next steps:
If LTC maintains a level above $66.00, we may see another test of the $70.00–71.50 zone. Any dips towards $65.00 could provide better entry opportunities in terms of risk and reward for short-term traders.
This has not yet been confirmed as a full reversal, but the recent bounce is a positive sign for those looking for quick bullish momentum. Stay cautious but ready..
Buy and trade here on $LTC
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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