$LTC /USDT – Bearish Retracement in Progress!
Momentum Analysis: LTC/USDT is currently experiencing a bearish pullback after reaching a 24-hour high of 73.53. The price has dropped to around 67.37, reflecting a -5.86% change. Market momentum is showing a retracement, which could offer short-term opportunities.
Long Setup:
Entry Zone: 66.51 - 67.00
Targets:
T1: 69.00
T2: 71.00
T3: 73.00
Stop Loss: 64.00 (just below the 24h low)
Breakout Confirmation Level & Key Support:
Breakout Confirmation: 73.53 (key resistance)
Key Support: 64.86 (the next significant support level)
Pro Tip for Traders: Be cautious of short-term volatility. A breakout above 73.53 could indicate a potential reversal, while further retracement below the 64.86 level could lead to deeper bearish pressure.
Relevant Hashtags: #LTCUSDT #CryptoTrading #BearishRetracement #AltcoinAlert #LTC