#LTC #Litecoin #Crypto #ETF #BinanceFutureTrading
📌 Market situation
Current price: $105.61
Market capitalization: $7.94 billion
24h trading volume: $889.5 million
Circulating supply: 75.8 million LTC
24h volatility: +11.05%
🔍 Technical analysis
Litecoin has surpassed the resistance level of $95 and is currently trading above $100, indicating a strong bullish trend. The technical pattern suggests the possibility of continuing to rise to $120 if the trading volume remains high. Key support levels are $95 and $85 respectively.
⚙️ Suggested trading strategy
Buying zone: $100 – $105
Stop-loss: $95
Take profit 1 (TP1): $115
Take profit 2 (TP2): $120
Expansion scenario: If LTC closes the weekly candle above $120, it may hold the position until $130
🧭 Highlighted events
ETF expectations: The likelihood of Litecoin ETF approval is increasing, with the expected approval rate reaching 47%.
Strong growth: Litecoin has increased by 36.4% in the past month, showing strong interest from investors.
🔗 Trade now