$LTC $LTC $LTC

LTC/USDT, here's an analysis of key levels and potential trading strategy:🫣

Key Levels:

  • Current Price: 80.52 USDT

  • 24h High: 85.00 USDT

  • 24h Low: 72.73 USDT

  • Support Level: 76.02 USDT (recent low, strong support).

  • Resistance Level: 85.00 USDT (recent high, acting as resistance).

Target Levels:

  • First Target: 85.00 USDT – If LTC breaks this resistance, it could go higher.

  • Second Target: 85.66 USDT – A higher resistance level to consider if the first target is broken.

Stop-Loss Level:

  • Stop-Loss: 76.02 USDT – Below the support level to limit downside risk.

Trend:

  • Price Change: +9.46% in the last 24 hours, showing an uptrend.

  • Volume: 177.54M USDT traded in 24h, indicating significant market activity.

Conclusion:

If LTC breaks above 85.00 USDT, it could continue to rise, targeting 85.66 USDT. A stop-loss near 76.02 USDT helps manage risk if the price retraces.

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