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$LTC Day Trade Setup
Trade Type: Long (Reversal Scalp)
🌟Current Price: ~$53.40
Sentiment: Neutral-Bullish (RSI divergence indicates local bottoming)
🌟Level Price Range Strategy
⭐️First Buying Range $53.00 – $53.50 Immediate entry. This zone aligns with the strongest pivot support.
⭐️Second Buying Range $51.65 – $52.70 "Safety" entry. If the market wicks lower, load the rest of the position here.
🌟Stop Loss (SL) $50.40 Hard exit. A close below $50.00 would trigger mass liquidations.
🌟Take Profit Targets (TP)
⭐️TP 1: $54.70 (Minor Resistance)
Action: Secure 30% of profits and move SL to entry (Break-even).
⭐️TP 2: $57.20 (Breakout Trigger)
Action: Secure 40%. This is the upper Bollinger Band and a major technical hurdle.
⭐️TP 3: $62.00 (50-Day SMA Target)
Action: Let the remaining 30% run. Reaching $62 confirms a medium-term trend shift.
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