$LTC /USD: Eyeing Key Levels for Momentum
The $LTC /USD pair is currently trading at $103, a pivotal level that could set the tone for the next major move.
Trade Scenarios:
Bullish Case:
Entry: $103
Take Profit (TP 1): $110
Take Profit (TP 2): $115
Take Profit (TP 3): $120
Stop Loss (SL): $98
Bearish Case:
If $103 fails as support, look for downside opportunities.
Short Entry: Below $98
Target: $95, $90
Stop Loss (SL): $105
Key Levels to Watch:
Resistance: $110, $115
Support: $98, $95
A break above $110 could open the door to $115, signaling renewed bullish momentum. However, losing $98 as support might indicate a bearish correction toward $95.
Market Insight:
Litecoin is at a decision point. Keep an eye on volume and market sentiment as they could guide the next move.
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