$LTC /USDT
• Current Price: $111.29
• Trend Analysis: The price has dropped by 2.77%, with support at $110.07. Bearish momentum is evident, but a potential rebound may occur if support holds.
• Bullish Scenario: A breakout above $111.77 could push the price toward the next resistance at $114.57.
• Bearish Scenario: A fall below $110.07 would target the next support at $110.40.
• Entry Levels:
• Long: $111.80 (Target: $114.57, Stop Loss: $110.40)
• Short: $110.07 (Target: $110.40, Stop Loss: $111.80)
• Pattern Outlook: The market shows bearish pressure. A breakout above $111.77 could signal bullish momentum, while further downside is likely if support at $110.07 is broken.#BIOOpenonBinance #USJoblessClaimsDrop #Binance250Million