Entry and Target Points for LTC (May 2025)

1. Entry Point:

Between $91.00 and $93.50 is considered a suitable entry area, especially if a rebound occurs from it.

Currently, the price is around $94.11, so if the price returns to test support at $91.00 – $92.00 and forms a reversal candle on the 1–4 hour timeframe, it would be a good buying opportunity.

2. Take Profit:

First Target (TP1): $98.50 (Current Resistance).

Second Target (TP2): $101.90 (Stronger Resistance — Additional Profit Taking).

3. Stop Loss:

Below the main support at $88.50 (Safe Stop).

A tighter stop loss can also be placed at $89.90 for faster trading.