$LTC /USDT - Bullish Breakout & Market Analysis
Current Market Overview:
đ Price: $130.16 (+14.41%)
đ 24H High: $131.06 | 24H Low: $109.87
đ Volume: 1.32M LTC | 157.11M USDT
Litecoin (
$LTC ) has surged, breaking past key resistance zones and reaching $130+, marking a strong bullish continuation. The momentum is high, and traders should monitor how LTC reacts near $130 - $135, as this could dictate the next big move.
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Technical Outlook:
đš Key Resistance Levels:
$132.50 - $135.00 â Next major supply zone, possible profit-taking area
$140.00 â Psychological barrier, potential breakout target
đš Support Levels:
$125.00 - $127.50 â Immediate pullback zone
$120.00 â Strong support, previous breakout level
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Trading Strategy:
đ Bullish Scenario (Long Entry):
Entry: $128.00 - $130.00 (on a retest)
Target 1: $132.50
Target 2: $135.00
Stop Loss: $125.00
đ Bearish Scenario (Short Entry):
Entry: $131.50 - $133.00 (if rejection occurs)
Target 1: $127.50
Target 2: $122.00
Stop Loss: $135.50
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Market Outlook:
đ If LTC holds above $130, we could see a continuation toward $135+, with $140 as the next major upside target.
đ Failure to maintain $130 could lead to a correction, testing support around $125 - $120 before another potential push higher.
⥠Watch for volume confirmation and momentum shifts before entering trades!
#Litecoin #LTC #CryptoTrading #MicroStrategyAcquiresBTC #Binance đ