$LTC /USDT Trading Signal - Testing Support After Pullback
Current Price: $110.75
Key Levels:
24h High: $117.38
24h Low: $109.72
Observation:
$LTC /USDT has dropped 1.25% in the past 24 hours, retreating from its high of $117.38 and currently testing support near $110. The price is consolidating near the 24-hour low of $109.72, indicating a potential reversal if buying pressure emerges.
Potential Strategy:
Entry Range: $110.50 - $111.50
Targets:
Target 1: $113.50 (Immediate Resistance)
Target 2: $115.00 (Partial Recovery)
Stop Loss: $108.50
Key Insights:
Holding above $110.00 could indicate a potential recovery toward $115.00. Monitor for a breakout above $113.50 with increased volume to confirm upward momentum. Secure partial profits at Target 1 and trail stop-loss to lock in gains.
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