Title: $LTC Recovery Update: Can Litecoin Break the $80 Barrier? ๐๐
Litecoin (LTC) is showing strong signs of a trend reversal on the 4-hour chart! After testing the major support zone at $75.26, the bulls have regained control, pushing the price back toward the $80 level.
Technical Outlook:
โ Strong Bounce: The V-shaped recovery from $75 indicates high buying interest at lower levels.
๐ Resistance: The immediate hurdle is $80. A solid close above this will clear the path for $84+.
๐ก๏ธ Support: $75.26 is now a proven floor.
๐ฏ Trade Setup:
๐ข Entry Zone: $78.50 - $79.80
๐ฏ Target 1: $81.50
๐ฏ Target 2: $84.00
๐ฏ Target 3: $86.50+
๐ Stop Loss: $74.50 (To protect capital)
LTC is gaining momentum. If the market stays stable, we could see a retest of the recent high very soon. Whatโs your target for LTC? ๐
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