$LTC /USDT — Accumulation Bounce Setup
Current Price: 80.31 (−1.52%)
Market Context:
LTC dipped into a strong demand zone, sweeping liquidity near the lows before bouncing back decisively. The recovery candle indicates buyers are stepping in, and the structure suggests accumulation rather than distribution. Holding above 79.20–80.00 maintains bullish bias.
Trade Setup (Long):
Entry Zone: 79.20 – 80.00
Targets:
TP1: 81.20
TP2: 82.80
TP3: 85.00
Stop-Loss: 77.80
Rationale:
This is a classic accumulation bounce. Buyers are defending the key support, and the clean reaction off the demand zone favors a continuation move. If momentum builds, LTC could extend toward higher targets as the structure remains bullish.
Tip: Watch for strong green candles above 80 for confirmation before scaling in.
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