$LTC is showing strength, bouncing from a clear demand zone after a significant pullback. Signs of buyer absorption and stabilization are evident in recent price action.
The formation of a higher low indicates a potential shift in momentum towards bullish sentiment. This suggests that buyers are stepping in at these lower levels.
Provided that price remains above the current support area, a recovery towards the upper resistance zone is a probable outcome. This is a key level to watch for continued upward movement.
Trade Setup
Entry: 78.20 – 78.50
Target 1: 79.00
Target 2: 79.50
Target 3: 80.20
SL: 77.95
(LTCUSDT) 🌕
