$LTC
/USDT Technical Analysis – Bulls Eyeing Higher Targets 🎯
Litecoin (LTC) continues to shine, trading at $103.35 after a remarkable rally. Here's what the chart suggests:
Key Levels to Watch:
Target 1: $105.00 – A psychological resistance and a crucial breakout point. Breaching this level could signal further bullish momentum.
Target 2: $110.00 – A stronger resistance zone. If LTC maintains its bullish trajectory, it could hit this level, marking a significant price surge.
Target 3: $115.00 – This level represents a potential peak in short-term bullish activity. Traders might look to book profits here.
Support Levels:
$100.00 – A solid support that could provide stability in case of pullbacks.
$87.63 – The recent 24h low, a critical fallback level for risk management.
Market Insight:
Litecoin has shown a +13.48% gain in the last 24 hours with a 4-hour chart reflecting a bullish trend. The volume of $218.64M USDT highlights increased interest, signaling traders' confidence in LTC's upward potential.
Next Move?
With momentum on its side, LTC has a strong chance of hitting its targets. However, keep an eye on resistance at $105.00 for confirmation.
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