$LTC /USDC is showing serious recovery potential right now at $55.88 (+0.23%) after bouncing from the 24h low of $55.02! 📈
The chart reveals a classic bounce off the lower Bollinger Band (DN ~47.24), with price reclaiming above the middle band (MB ~58.11? wait—current action pushing toward it). Recent candles are turning green, rejecting lower levels around $51-52. Stochastic is in oversold territory but curling up strongly (K:74.10, D:60.99, J:100+), signaling momentum shift. RSI(14) at 38.25 is climbing from oversold, with RSI(6) already at 51.64 — bullish divergence forming!
Volume bars are picking up on the upside candles, supporting buyers stepping in. This looks like a solid bottoming pattern after the downtrend.
TRADE IDEA: LONG
$LTC /USDC NOW!
Entry around current ~$55.88
Take Profit 1: $60.80 (near previous resistance & upper BB potential)
Take Profit 2: $68.99 (upper Bollinger Band target)
Stop Loss: $54.50 (below recent swing low & 24h lows to invalidate)
Risk-reward looks juicy — don't miss this bounce before it runs! 🚀
Buy
$LTC / $USDC Now! Follow & turn 🔔 on ✅ for more setups!
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