$LTC
/USDT Technical Analysis:
Current Price: $101.76
Trend: Bullish (Up 2.24% in the last 24 hours)
24h High: $105.98 | 24h Low: $97.54
RSI: In the neutral zone, suggesting a potential for further momentum in either direction.
MACD: Bullish crossover in the recent hours indicating positive momentum.
Support: $97.54 | Resistance: $105.98
Volume: Steady, indicating that price action might continue with strong momentum.
Trade Signal:
Trade Type: Buy (Long Position)
Entry Point: $101.50 - $102.00 (current range)
Target Levels:
1. First Target (T1): $105.00
A key level based on the 24h high resistance.
2. Second Target (T2): $106.50
Slightly above the 24h high, offering a potential breakout region.
3. Third Target (T3): $108.00
A psychological level with previous upward momentum resistance.
Stop Loss: $97.50
Place a stop loss just below the recent low to mitigate downside risk.
Momentum:
Bullish Momentum with increasing volume and price action pushing towards key resistance levels. Watch for breakout confirmation above $105.98 for potential upward movement.
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