๐ Current Price: $127.55 (+2.93%) ๐ Key Levels: โ Support: $124.40 - $120.50 โ Strong demand zone โ Resistance: $128.50 - $130.00 โ Crucial breakout level ๐ Bullish Scenario: ๐ LTC has seen a strong bounce from support, now testing the $128 resistance zone. ๐ A break and close above $130 could fuel a rally to $135+ ๐ ๐ฏ Entry: $127.50 - $128.00 (on breakout) ๐ฏ TP1: $130.00 ๐ฏ TP2: $132.50 ๐ฏ TP3: $135.00 ๐ป SL: Below $124.50 ๐ Bearish Scenario: ๐ If LTC fails to break $128.50, we might see a retest of $124.40 - $120.50 before another move. ๐ฏ Entry: $128.00 - $128.50 (on rejection) ๐ฏ TP1: $124.40 ๐ฏ TP2: $122.00 ๐ฏ TP3: $120.50 ๐ป SL: Above $130.50
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
#Crypto Downturn: Hold or Sell? #Crypto ETFs Under Application Litecoin ($LTC /USDT) Ready for the Next Move? ๐ฅ
๐ Current Price: $127.55 (+2.93%)
๐ Key Levels:
โ Support: $124.40 - $120.50 โ Strong demand zone
โ Resistance: $128.50 - $130.00 โ Crucial breakout level
๐ Bullish Scenario:
๐ LTC has seen a strong bounce from support, now testing the $128 resistance zone.
๐ A break and close above $130 could fuel a rally to $135+ ๐
๐ฏ Entry: $127.50 - $128.00 (on breakout)
๐ฏ TP1: $130.00
๐ฏ TP2: $132.50
๐ฏ TP3: $135.00
๐ป SL: Below $124.50
๐ Bearish Scenario:
๐ If LTC fails to break $128.50, we might see a retest of $124.40 - $120.50 before another move.
๐ฏ Entry: $128.00 - $128.50 (on rejection)
๐ฏ TP1: $124.40
๐ฏ TP2: $122.00
๐ฏ TP3: $120.50
๐ป SL: Above $130.50