$LTC 1H đ
LTC is showing a nice short-term bullish structure. Price pushed from around $53.35 to $55.27, while the 1H Supertrend remains green at $53.62.
The only thing Iâd be careful with is chasing after the move, because $55.27 is the immediate resistance and price has already started pulling back.
Long Setup
Entry: $54.20â$54.55
SL: $53.55
TP1: $55.27
TP2: $56.20
TP3: $57.00
What Iâm watching đ
The $54.20â$54.55 area looks like the cleaner retest zone. If LTC holds this area, buyers could make another attempt at $55.27.
A clean 1H close above $55.27 would be the confirmation for continuation toward $56.20 and potentially $57.00.
On the downside, $53.62 is the key Supertrend support. Losing $53.55 would weaken the bullish setup, so thatâs where Iâd keep the invalidation.
Clean play: donât chase $54.80 right under resistance. Let LTC retest $54.20â$54.55 or wait for a confirmed breakout above $55.27.
The structure is looking good, but confirmation > FOMO. đ
Chart-based levels only, not financial advice.
#Write2Earn
LTC is showing a nice short-term bullish structure. Price pushed from around $53.35 to $55.27, while the 1H Supertrend remains green at $53.62.
The only thing Iâd be careful with is chasing after the move, because $55.27 is the immediate resistance and price has already started pulling back.
Long Setup
Entry: $54.20â$54.55
SL: $53.55
TP1: $55.27
TP2: $56.20
TP3: $57.00
What Iâm watching đ
The $54.20â$54.55 area looks like the cleaner retest zone. If LTC holds this area, buyers could make another attempt at $55.27.
A clean 1H close above $55.27 would be the confirmation for continuation toward $56.20 and potentially $57.00.
On the downside, $53.62 is the key Supertrend support. Losing $53.55 would weaken the bullish setup, so thatâs where Iâd keep the invalidation.
Clean play: donât chase $54.80 right under resistance. Let LTC retest $54.20â$54.55 or wait for a confirmed breakout above $55.27.
The structure is looking good, but confirmation > FOMO. đ
Chart-based levels only, not financial advice.
#Write2Earn
