Mr Fenk

Do we even need to use Stoploss?

WELL!..using a stop loss (SL) on every trade is essential for risk management. It protects your capital by limiting losses if the market moves against you. Consistent SL use helps avoid emotional decisions, preserves profits, and ensures you stay disciplined, making long-term trading success more achievable.

#market_tips

$LTC
$📉 Trend & Structure

The price recently bounced from the $81 zone, showing signs of local support.

Overall trend: Sideways to mild bearish since peaking at $107.11.

Lower highs and lower lows are still in play, but momentum is stabilizing around the 80s zone.

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🔍 Volume & Momentum

Volume is relatively stable but lower than the earlier spikes near $107.

Today’s change: +1.08%, suggesting some intraday strength.

Volume trend does not confirm a strong breakout yet — more volume is needed for confirmation.

📌 What to Watch Next

Bullish Scenario: If LTC breaks above $87.5 (MA99) with volume, next targets are $91.26 → $101.41 → $107.11.

Bearish Scenario: If it gets rejected below $86 and breaks $81, expect a retest of $78 → $70.97.
$LTC #Write2Earn #market_tips