68% of accounts are long. Long $LTC : defend 66.0 support on the 4H.
If 66.0 holds, buyers could push towards 66.5 and 66.8. If it breaks 65.2, that could lead to a deeper pullback.
The read:
- Daily trend is up, indicating buyers have the upper hand.
- 1H RSI at 31 shows momentum has reset, giving room to bounce.
- Risk 1.2% to SL vs 2.0% to TP3, offering a favorable risk-reward.
🟢 LONG · Entry 65.97–66.07 · TP 66.51 / 66.83 / 67.32 · SL 65.21
Will buyers defend the support or will it break?
NFA · DYOR
If 66.0 holds, buyers could push towards 66.5 and 66.8. If it breaks 65.2, that could lead to a deeper pullback.
The read:
- Daily trend is up, indicating buyers have the upper hand.
- 1H RSI at 31 shows momentum has reset, giving room to bounce.
- Risk 1.2% to SL vs 2.0% to TP3, offering a favorable risk-reward.
🟢 LONG · Entry 65.97–66.07 · TP 66.51 / 66.83 / 67.32 · SL 65.21
Will buyers defend the support or will it break?
NFA · DYOR