$LTC /USDT: Bullish Momentum Confirmed!
Litecoin’s recent price action highlights strong bullish momentum, with $LTC /USDT trading at $102.20, up 2.26% in the past 24 hours. The breakout above key resistance levels on the 30-minute chart suggests a potential continuation of the upward rally.
Trading Plan:
Entry Zone: $101 - $102
Target Levels:
Target 1: $105
Target 2: $108
Target 3: $112
Stop Loss: $98
The $96-$98 support zone remains robust, with increased trading volume providing a favorable risk-to-reward ratio.
Key Insights:
Ideal for short-term and swing traders.
Maintain strict risk management to protect capital.
Monitor momentum and resistance near targets for profit-taking opportunities.
This setup signals a promising opportunity, but disciplined strategies are crucial for success.