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🔷 $LTC USDT BULLISH MOMENTUM BUILDING – WILL IT PUSH ABOVE RESISTANCE?
$LTC is currently trading at $87.06, showing signs of a strong recovery from recent lows. Price has formed a higher low structure and is attempting to reclaim previous resistances.
📊 Key Levels:
Resistance: $88.50 – $90.00 zone
Support: $85.00 | Strong support below at $80.00
Current Price: $87.06
🎯 Trade Setup (Long):
Entry: $86.80 – $87.20
Targets: TP1: $88.50 | TP2: $90.00 | TP3: $92.00
Stop Loss: $85.00
📈 Market Outlook: The daily trend is showing bullish reversal signs after recent downside exhaustion. Buyers are stepping in above the $85 support, aiming for a retest of $90+. Breakout above $90 can accelerate upside momentum towards $95.
⚠️ Risk Management: Use proper position sizing, risking only 1-2% per trade, and shift stop-loss to entry after TP1 for secured profits.