$LTC - LONG Setup
Time Frame: 5-min Chart (Scalp)
Signal: Testing immediate support after recent bullish sentiment from social media activity and network strength. Price is holding above intraday support levels, with 5-min RSI recovering from oversold conditions, suggesting a potential bounce.
Entry: $81.50 - $81.80
T1: $82.45 (Immediate resistance & key breakout level)
T2: $83.50 (Next resistance, aligning with short-term bullish target)
SL: Below $80.90 (Below immediate swing low and key support)
Context: Price is navigating a critical zone. A confirmed break above $82.45 is needed for a stronger bullish move toward $87. Failure to hold support could lead to a test of lower levels near $77. Trade aligns with short-term bullish bias from market sentiment and technical confluence.