๐จ $LTC /USDT โ Testing Key Support: Bounce Incoming or Breakdown Ahead? ๐โก
#Litecoin has cooled off after touching $126.86, now hovering near $125.18. The battle between bulls and bears is heating up as we approach a key support zone. Letโs break it down!
๐ Market Overview
๐ Current Price: $125.18
๐ 24h High: $126.86
โ๏ธ 24h Low: $118.36
๐ Parabolic SAR: $122.94 (Support for bulls!)
๐ MACD Momentum:
DIF: -0.275 (Bearish tilt)
DEA: -0.215
MACD: -0.120 (Weak momentum, sellers in control)
๐ RSI Levels:
RSI(6): 59.3 โ Neutral-to-bullish
RSI(14): 54.1 โ Balanced momentum
๐ LTC Trade Setup โ Key Levels to Watch
๐น Bullish Scenario (If LTC Holds Above $124.50):
Entry: Above $125.50
Targets: $126.80, $128.20, $130.00+
Stop-Loss: $123.90
๐น Bearish Scenario (If LTC Falls Below $123.90):
Entry: Below $123.90
Targets: $122.00, $120.50, $118.50
Stop-Loss: $125.50
๐ Should You Hold or Sell?
โ Staying above $124.50 keeps the door open for a rebound.
โ ๏ธ MACD is still weak, so watch for fading momentum.
โ ๏ธ A break below $123.90 could invite a sharper drop toward $118.50.
๐ก Pro Tip: If LTC reclaims $128.00 with strong volume, a fast rally to $130+ is on the table. Keep stops tight in this range-bound market.
๐ข Are you riding the bounce or shorting the breakdown? Drop your move!
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