🟢 $LTC Trade– V-Shaped Recovery Into Resistance
$LTC formed a strong V-shaped bounce from the 52.32 demand zone and has pushed back above the short-term EMAs. Price is now approaching a key resistance area where sellers may react again.
📊 Market Structure (15m)
• Sharp rebound from 52.32 support
• Price reclaimed EMA 7 / 25 → short-term bullish momentum
• EMA 99 just above price → key decision zone
• Higher highs & higher lows on lower timeframe
• Volume improving but still moderate
📌 Key Levels
• Resistance: 54.80 – 55.20
• Immediate Support: 54.00 – 53.60
• Major Support: 52.30
🎯 Trade Scenarios (Tight TP)
🟢 Buy on Pullback (Trend Continuation)
Entry: 53.90 – 54.10
SL: Below 53.40
TP1: 54.60
TP2: 55.00
TP3: 55.40
🔴 Short Only If Rejected From Resistance
Entry: 54.90 – 55.20
SL: Above 55.60
TP1: 54.30
TP2: 53.80
Until LTC breaks and holds above 55.20, upside may face selling pressure. Short-term bias is cautiously bullish, but rejection at resistance can still give quick shorts.
⚠️ Bias flips strongly bullish only above 55.60
💬 Continuation move or rejection at EMA 99? Drop your view 👇
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