Quick Analysis of LTCUSD
- Current Price: $132.21.
- Trend: Market is volatile, with selling pressure after reaching the resistance level at 134.75
- Support and Resistance:
- Strong Support: 131.50 and 128.16.
- Major Resistance: 134.75.
- Forecast:
- Breaking 131.50 could push the price towards 129-128
- Breaking 134.75 enhances chances of reaching 136-138.
- Recommendation:
- Watch the support at 131.50. Buy on bounce or sell on break with tight stop loss.
