$LTC /USDT. here's a cleaned-up and actionable trade setup:
๐ Litecoin (LTC/USDT) โ 12H Trade Setup
๐ง Bias: Bullish if above $96 support; neutral/bearish if it breaks down.
๐ Key Levels
๐บ Resistance Zones
$104.00 โ Moderate resistance
$112.00 โ $116.00 โ Major resistance zone
$120.00 โ Psychological + historical resistance
๐ป Support Zones
$96.00 โ Descending support / demand area
$76.00 โ $72.00 โ Major support zone (weekly structure low)
โ Trade Setup: Demand Bounce
Scenario: LTC holds above the $96 demand zone.
Entry: $96.00 โ $98.00 (on bullish engulfing or SFP)
Stop Loss: $91.50 (below demand)
Target 1: $104.00
Target 2: $112.00
Target 3: $120.00
๐งฎ Risk/Reward: 2.5โ3x depending on entry/exit precision.
โ Trade Setup: Breakout Retest
Scenario: LTC breaks $104 cleanly with volume.
Entry: $104.50 โ $106.00 (after retest)
Stop Loss: $101.00
Target 1: $112.00
Target 2: $116.00 โ $120.00
โ ๏ธ Invalidation
12H close below $96 = demand break; look for retest short to $76
Bearish volume spike at $104โ$112 = supply trap or false breakout
๐ Confluence & Tools to Use
Descending trendline (likely from $120 down to current) โ if broken, adds breakout confluence
RSI divergence on 12H or Daily could signal strength at $96
Volume profile โ check for node at $96 and value area around $112
Would you like me to mark these levels on a chart or scan for confirmation signals (engulfing, volume spike, RSI divergence, etc.)?
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