$LTC $LTC

LTC/USD Technical Analysis – Price at $126.02: Key Levels and Strategy

Litecoin (LTC) is currently trading at $126.02, with crucial levels in play that could shape its next move. Support is firmly placed at $120, a level that has held strong in recent price action, providing potential for a bounce if the market tests this area. A break below $120 could signal further downside, with $115 as the next key level to watch.

On the upside, resistance lies at $130-$135, where previous rallies have faced challenges. A breakout above this zone would open the door for higher targets, with $140 and $150 coming into focus.

Entry Strategy: Consider entering near the $120 support if the price shows signs of a reversal, targeting $130-$135 for a potential rally. Alternatively, a breakout above $130 could offer fresh long opportunities, with stops placed below $120 for risk management.

The RSI and MACD are leaning bullish, indicating room for upside. Stay alert to these critical levels, as a breakout or breakdown could define LTC’s next big move.

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