$LTC solid bullish vibes right now, but consolidating up near that resistance level, like it's gearing up for the next push. I'm leaning aggressive long here.
Price action: It's been testing 80.50 a few times, building higher lows from 77.87. Latest candle's hanging above 79.50 with quieter volume – smells like accumulation before a breakout.
From the K-lines, it's forming this ascending triangle between 77.87-80.53. Key break above 79.50 (old resistance now support), and the last 4 candles are chilling around 80.00 with shrinking volume – classic post-breakout consolidation.
Volume's looking good: those recent 4-hour candles have been ramping up (from 337k to 439k on the ups), which tells me buyers are stepping in strong. Overall 24-hour volume at 1.38M feels healthy, no red flags there.
Flows are mostly positive: big inflows on contracts over 6 hours (+4.01M USDT), even if there's a small 24-hour dip. Spot's net positive over 7 days (+3.91M), so underlying sentiment seems bullish to me.
Entry long $LTC : Jump in around 79.80-80.20 on this current zone, tight risk.
Stop: 77.80 (about 3% down, below Support level and recent low).
TPs $LTC : First at 82.27 (Resistance level), then 84.00 (next resistance) if it flies.
Why? MACD crossover with MAs stacked bullishly confirms the trend. Price above Bollinger mid. Recent inflows back the breakout idea – if it clears 80.94 (Resistance), those targets look juicy for risk-reward. A close under 79.50 kills the setup.