$LTC /USDT BULLISH CONSOLIDATION – LONG SETUP ON BREAKOUT CONFIRMATION šŸš€šŸ“ˆ

Litecoin (LTC) is holding steady at $86.44 (+1.35%), consolidating just below the 24h high of $87.37 after bouncing off the $85.05 low. Price action shows strong buyer support with upside potential if momentum continues.

šŸ” Key Technical Levels

Current Price: $86.44

24h High: $87.37

24h Low: $85.05

Resistance Levels:

$87.40 – Immediate breakout level

$89.00 – Next target

$91.50 – Major resistance zone

Support Levels:

$85.00 – Short-term support

$83.50 – Strong demand zone

šŸ“ˆ Trade Setup – Long Position

Entry Zone: $86.30 – $86.60 (current range)

Take Profit Targets:

TP1: $87.40

TP2: $89.00

TP3: $91.50

Stop Loss (SL): $84.80 (below support)

šŸ“Š Market Structure Insight

LTC is forming higher lows and consolidating below resistance, a bullish continuation pattern.

Volume of over 211K LTC in 24h signals strong interest.

Indicators like RSI and MACD support a potential breakout on 1H/4H charts.

āœ… Risk Management

Risk only 1–2% of capital per trade.

Wait for a 1H candle close above $87.40 for confirmation.

Adjust SL to breakeven after TP1 is reached.

šŸ’” Summary: $LTC/USDT is showing strength after a bounce and is currently coiling near resistance. A breakout above $87.40 could lead to a strong rally toward $91.50. Great setup for a trend-following long entry.

Follow the momentum. Confirm the breakout. Secure the profits. šŸ“ŠšŸ”’

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