$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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