🚀 $LTC /USD: CONSOLIDATING AT KEY LEVELS – WATCH FOR A BREAKOUT! ⚡
The $LTC /USD pair is currently trading at $111, sitting near significant support and resistance zones. A breakout could be imminent, so traders should stay alert for potential trading opportunities.
📊 Trade Scenarios:
Entry Point: $111
Take Profit (TP) 1: $115
Take Profit (TP) 2: $120
Take Profit (TP) 3: $125
Stop Loss (SL): $108
Support is located at $108, while resistance is at $115. A breakout above $115 could trigger a bullish move toward $120 and $125. However, a drop below $108 may indicate a bearish retracement.
📉 Market Outlook:
LTC/USD is holding above the key support at $108. If this level continues to hold, the price could move towards $115 and higher targets. A drop below $108 could lead to further downside movement.
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