$LTC ALERT: A Critical Move Is Brewing at $98.22!
Litecoin ($LTC) has surged over 8.33% in the past 24 hours, reaching a high of $106.36 before pulling back to its current level of $98.22. After an extended rally from a low of $81.54, the market is at a critical juncture, signaling the potential for its next major move.
Key Levels to Watch:
📈 Resistance:
$106.36: A breakout above this recent high could propel LTC toward $110 and beyond, as bullish momentum builds.
📉 Support:
$95: Holding this level is crucial to sustain the current uptrend.
$89.30: A breakdown here could see LTC testing lower levels near $85.
Trade Setup:
Bullish Scenario: If LTC reclaims $100, watch for a retest of $106.36, with targets at $110 and $115.
Bearish Scenario: A drop below $95 could signal further downside, with key targets at $90 and $85.
⚠️ Note: Litecoin is showing heightened volatility, so tight risk management is crucial. Keep an eye on volume as it could signal the strength of the next move.