$LTC /USDT LONG TRADE SETUP
$LTC is currently trading at 57.59, showing a potential reversal opportunity after a sharp drop to its 24h low of 56.52. While the short-term trend has been bearish, the 15m chart indicates a strong bounce from the recent bottom, and technical indicators on higher timeframes suggest LTC is entering oversold territory. A bullish divergence has also been noted on the 4-hour and 1-day charts, signaling a high probability for a price reversal from these levels.
Target Points
TP1: 59.80 (Testing the 24h high)
TP2: 64.00 (Next major psychological resistance)
TP3: 72.00 (Medium-term recovery target)
Stop Loss
Set stop loss below 55.80 to protect against further market-wide liquidations.
Market Context
Sentiment: The overall crypto market is under pressure due to heavy liquidations and macroeconomic caution, but Litecoin's current positioning presents an accumulation opportunity as it nears historical support.
Future Outlook: Analysts are targeting a recovery to the $72–$80 range by late February 2026, driven by the upcoming LitVM testnet launch in Q1 2026.
Buy and Trade here on
$LTC
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