$LTC Given A Retest For Bull Run Let's Watch The Next Pump
LTC is trading at $102.99, up 1.14% in the last 24 hours. The price recently tested the $104.00 resistance but is now consolidating near the $103.00 level. Immediate support lies at $100.00, and a breakout above $104.00 could signal further bullish momentum.
Key Levels:
Resistance: $104.00
Support: $100.00
Potential Scenarios:
A breakout above $104.00 could push LTC toward $106.00 and possibly $108.00.
A breakdown below $100.00 might lead to a retest of $98.00.
Trading Strategy:
Long Entry: Above $104.00 with targets at $106.00 and $108.00.
Short Entry: Below $100.00 with a target of $98.00.
Stop Loss: Tighten below $100.00 for long positions or above $104.00 for short positions.
LTC is showing potential for a strong move; monitor closely for a breakout or breakdown.