$LTC is cooling down after the push into the 80.58 rejection zone. Price is pulling back in a controlled way and holding above the prior breakout area which keeps the structure healthy. The 1h candles are forming a tight range showing sellers are not aggressive and buyers are still defending dips.
Here my updated setup from this chart.
Entry Point
79.20 – 78.60
Target Point
TP1: 80.10
TP2: 81.40
TP3: 83.00
Stop Loss
77.40
The 78.50 to 79.00 zone is acting as short term demand where downside moves are getting absorbed. As long as price holds above this base the bullish structure remains intact. A clean reclaim of 80.10 can open momentum toward the previous high and continuation higher. If this structure holds the next rebound stays possible with a controlled push.
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LTC
69.33
-0.01%