š $LTC /USD: WATCHING KEY LEVELS FOR A POTENTIAL MOVE! ā”
The $LTC /USD pair is currently trading at 113.95, testing significant support and resistance zones. A breakout could lead to a strong price movement, so traders should keep an eye on these levels for the next opportunity.
š Trade Scenarios:
Entry Point: 113.95
Take Profit (TP) 1: 116.50
Take Profit (TP) 2: 119.00
Take Profit (TP 3): 121.50
Stop Loss (SL): 111.00
Support is found at 111.00, while resistance is at 116.50. A breakout above 116.50 could propel the price higher toward 119.00 and 121.50. A drop below 111.00 may signal a bearish retracement.
š Market Outlook:
LTC/USD is holding steady near support at 111.00. If the price stays above this level, thereās potential for a move toward resistance at 116.50 and higher. A breakout above 116.50 would confirm bullish momentum, while a drop below 111.00 could indicate further downside.
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