$LTC is showing signs of recovery, currently trading at $118.50 on the 15-minute chart. After recent lows, it is approaching a critical resistance zone, and a breakout could trigger further bullish momentum. However, support remains close, making it a key level to watch for potential downside moves.
Trade Setup:
Long Entry: Above $119.0, with targets at $121.0 and $123.0.
Short Entry: Below $117.0, targeting $115.5 and $114.0.
Stop Loss: Place a stop loss at $117.5 to minimize risk.
Market Insight:
The rising buying volume indicates growing bullish interest in $LTC. A clear breakout above $119.50 could pave the way for a stronger upward trend, while failure to hold $117.0 might attract short sellers.
#LTC #MacroInsights #CryptoTrading #Write2Earn!