🚀$LTC USDT Long Setup: Local Support and Strong Recovery! 📈🚀📊 Trade Setup🟢 Entry Price: $69.70
🛑 Stop Loss: $68.10 (Below recent support zone for safety)
🎯 Take Profit: $72.55 (Major resistance level)
Litecoin ($LTC) is showing clear signs of a bullish reversal on the 1-hour chart. After consolidation, the price has bounced from an important support zone and is now moving in a recovery trend 🐂💪
💡 Technical Analysis:
The $68.10 level on the 1-hour timeframe has confirmed a strong support. The price is currently trading near the entry zone, and bulls are gradually building momentum 📈
The blue resistance line at $72.55 is our main target where strong rejection was seen last time, so this could be the best profit booking zone 💰
⚠️ Trading Tip:
LTC often moves slowly, but its trend is quite reliable. It is better to wait for volume confirmation for a strong move 🔍
🔥 If momentum continues like this, LTC could easily reach the next resistance
🚀 Patience and discipline are the keys to this trade
#LTC #BinanceSquare #cryptosignals $LTC
