๐Ÿš€ $LTC

/USDT Technical Analysis ๐Ÿš€

As Litecoin (LTC) continues its upward momentum, weโ€™re eyeing key levels for potential breakouts. Here's a breakdown of the current market scenario and 3 important price targets for the near term:

๐Ÿ“Š Current Price: $92.43

๐Ÿ”ผ 24h Change: +2.26%

๐Ÿ”ด 24h Low: $84.68

๐Ÿ”ต 24h High: $95.00

Key Levels to Watch ๐Ÿ”‘:

1๏ธโƒฃ Target 1: $95.00

This is the immediate resistance level. If LTC breaks above $95.00, we could see further upside towards the next target zone. Itโ€™s a crucial point for potential continuation of the bullish trend.

2๏ธโƒฃ Target 2: $98.50

If Litecoin continues to gain momentum, expect $98.50 to be the next point of interest. This would mark a significant upward shift in the market, setting the stage for a possible breakout above $100.00.

3๏ธโƒฃ Target 3: $104.00

A break above $100.00 would pave the way for LTC to test the $104.00 zone. This could signify a strong continuation of the bullish rally, offering traders an opportunity for further gains.

Support Zone:

Should the price retrace, the $85.00 - $86.00 support range could provide a strong foundation for buyers to re-enter the market.

๐Ÿ“ˆ Technical Indicators:

RSI shows moderate bullish pressure, indicating that further upside is possible.

Volume analysis shows increasing participation, confirming the current trend.

Strategy: Look for a break above $95.00 for a possible long position, but be cautious of price action around the support zones in case of a pullback.

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