$LTC

$LTC Trade Plan for LTC/USDT 📈

Current Price: $85.83
24h Change: -0.36%
Market Cap: $6.54B
24h Volume: $421.13M

✅ Entry Zone:

Buy within $85.50 – $85.80, assuming this range is near a support level after the recent 0.36% dip. This is a conservative entry to account for potential consolidation.

⛔ Stop Loss:

Set at $84.90 (below the entry zone, roughly 0.7% below the lower entry point to account for LTC’s lower volatility as a more established coin).

🎯 Profit Targets:

Target 1: $86.50 📍 (Move stop to breakeven)

Target 2: $87.20 🎯

Target 3: $88.00 🚀

📊 Risk/Reward Ratio:

3:1+ ⚖

Risk: $85.80 - $84.90 = $0.90

Reward (Target 2): $87.20 - $85.80 = $1.40 (R:R of ~1.6:1 at Target 2; higher if Target 3 is hit).

### Key Observations:

Neutral to Bearish Short-Term Momentum: Price down -0.36% in 24h, indicating minor consolidation or a slight pullback.

Volume: $421.13M in 24h suggests decent liquidity, higher than DOT’s $218.08M, supporting smoother entries/exits.

Market Cap: $6.54B indicates LTC is a mid-tier coin, with lower volatility compared to newer projects, as it’s an established coin focused on payments.

Price Context: $85.83 is a moderate level for LTC (historically, LTC has seen resistance around $90–$100 in past cycles). A break above $86.50 could signal short-term bullish momentum.

🔄 Strategy:

Trail stop above the entry price after Target 1 is hit to lock in profits.

Watch for rejection at psychological resistance around $87.00–$88.00.

If momentum weakens (e.g., price fails to break $86.50), consider an early exit at a 2:1 R:R.