$LTC
/USDT - Technical Analysis & Trade Signal
Current Price: $108.70
Trend: Neutral to Bullish
Technical Analysis:
1. Support Levels:
First Support: $106.92 (24h Low)
Second Support: $105.00 (Psychological Level)
2. Resistance Levels:
First Resistance: $110.67 (24h High)
Second Resistance: $112.50 (Key Resistance Area)
3. Key Indicators:
RSI: Approaching 50, signaling neutral momentum with a slight bullish bias.
EMA (50/200): EMA 50 above EMA 200 suggesting a bullish crossover, indicating a buying trend.
MACD: Positive divergence supports potential for upward momentum.
Trade Signal:
Bullish Scenario:
Buy Entry: $108.50
Target 1: $110.67 (First Resistance)
Target 2: $112.50 (Next Resistance Zone)
Target 3: $114.00 (Psychological resistance)
Stop Loss: $106.00 (below support level)
Momentum:
Momentum is slightly bullish, with key indicators like EMA and MACD suggesting upward pressure. The break above $110.00 will confirm a stronger bullish trend.