$LTC Major Breakout Loading? Holding Strong at Key Support #LongTermAnalysis
๐๏ธbuy and trade here ๐
๐ฏ Price retraced from resistance and is hovering near the re-entry zone ($79โ$94).
๐ฏ If LTC reclaims $115+ with volume, a breakout towards $150โ$230 is likely.
Major Breakout Loading?
#LTC Holding Strong at Key Support
โญLTC is currently consolidating around the $98 level, showing a minor pullback after a failed breakout above the key resistance zone ($101โ$128). This red zone has historically acted as a major supply area, rejecting price multiple times.
Key Observations:โ๏ธ
โก๏ธ Strong ascending trendline support remains intact since 2019.
โก๏ธ Price retraced from resistance and is hovering near the re-entry zone ($79โ$94).
โก๏ธ If LTC reclaims $115+ with volume, a breakout towards $150โ$230 is likely.
โก๏ธ Rejection from this zone could lead to another retest of the green re-entry area.
Strategy:โ๏ธ
โก๏ธ Watch for bullish confirmation above $115 to aim for mid-term targets.
โก๏ธ Aggressive buyers may consider scaling in between $79โ$94 with a tight SL.
โก๏ธ Long-term target remains around $229, $389, and beyond if macro trend continues
#FutureTradingSignals #TradingSignals $XRP $LTC #BinanceAlphaAlert