๐จ $LTC /USDT โ Momentum Building or Fading? โก๏ธ
#Litecoin is making headlines again! LTC is up +18.36%, currently trading at $117.99โbut is this a breakout continuation or a short-lived pump? Letโs break it down ๐
๐ Market Overview
๐ Current Price: $117.99
๐ 24h High: $120.17
โ๏ธ 24h Low: $99.69
๐ 24h Volume (LTC): 2.10M
๐ 24h Volume (USDT): 238.17M
๐ Parabolic SAR: Still supporting upward movement
๐ MACD Momentum:
DIF: 3.19
DEA: 3.24
MACD: -0.05 โ Slight bearish divergence, caution advised โ ๏ธ
๐ LTC Trade Setup โ Key Levels to Watch
๐น Bullish Scenario (If LTC Holds Above $115.00):
๐ Entry: Above $118.00
๐ฏ Targets: $121.50, $128.00, $135.00
๐ Stop-Loss: $112.00
๐น Bearish Scenario (If LTC Falls Below $112.00):
๐ Entry: Below $112.00
๐ฏ Targets: $106.00, $100.00, $96.00
๐ Stop-Loss: $118.00
๐ Technical Snapshot
โ MA(7): 117.65
โ MA(25): 112.31
โ MA(99): 104.44
โ Price is trading comfortably above all major moving averages = bullish trend intact ๐ข
๐ However, MACD weakening slightlyโwatch for volume confirmation and strength above $120.00
๐ก Pro Tip:
If LTC breaks and closes above $121.50 with volume, it could rally fast to $130+.
Failure to hold $112.00 might trigger a deeper retracement.
๐ข What's your moveโride the wave, wait for confirmation, or book profits?
๐ฌ Drop your thoughts below!
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