⚡ $LTC /USDT Trade Setup: Eyeing Breakout or Pullback from $88 Resistance ⚡
Market Insight:
Litecoin (LTC) is up +1.76%, trading at $88.08 after a clean bounce off $86.07 support. The price is consolidating just under the $88.30 resistance with solid trading volume (~$20.9M USDT), hinting at either a breakout continuation or short-term pullback opportunity.
Entry:
🟩 Buy Range: $86.50 – $87.70
(Optimal entry zone near intraday support with upside potential.)
Targets:
🎯 Target 1: $88.80
🎯 Target 2: $90.50
🎯 Target 3: $92.30
Stop Loss:
🛑 Stop: $85.00
(A decisive break below $85 would shift momentum bearish.)
Key Levels:
Support: $86.00 / $85.00 / $83.70
Resistance: $88.30 / $90.50 / $92.30
Pivot Point: $87.70
Pro Tip:
Watch for a volume spike and breakout above $88.30 on the 1H chart — that confirms bullish continuation. If price rejects, you can flip to a short setup for a potential drop back to $86. Risk management is key here, as LTC tends to move sharply near breakouts.
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