$LTC
/USDT Trading Signal - Testing Key Support
Current Price: $101.00 (-1.64%)
Entry Range: $100.50 - $101.50
Target 1: $105.00
Target 2: $107.50
Stop Loss: $97.00
Market Observations:
$LTC/USDT has retraced significantly from its recent high of $117.38.
Current price action suggests consolidation near the $100.00 psychological support.
A bounce from this level could target resistance zones at $105.00 and $107.50.
Trade Insights:
Entry near the support zone offers a favorable risk-reward setup.
Watch for increased volume and bullish candlestick patterns as confirmation of a rebound.
Manage risk by placing stop-loss below $97.00.