Based on the $LTC /USDT chart displayed, the current price is $104.13, reflecting a 5.55% increase over 24 hours. The 24-hour high and low are $106.04 and $97.75, respectively, suggesting recent volatility. The trading volume also indicates strong market activity.
Long Entry: If the price consolidates above $104.20, consider entering a long position. Target: $106.00 (24-hour high), with a stop-loss at $103.00 to mitigate downside risk.
Short Entry: If the price breaks below $103.50 with strong selling pressure, a short position can be initiated. Target: $101.50, with a stop-loss at $104.50 to protect against reversals.
Monitor the 30-minute chart for confirmation of the next move. The recent candlestick suggests market indecision, so wait for clear breakout signals before committing to a position. Stay cautious as the market is nearing a key resistance zone.
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