$LTC closed strong yesterday — intraday was choppy but we held structure. Right now $50.50 is the line in the sand. Stay above that and I'm hunting longs. First real resistance sits at $53.30, so that's where I'll take partials or trail stops.
But let's be real — $BTC is still running the show. If Bitcoin rips, Litecoin follows. If it dumps, we're back testing support. So I'm watching the big guy first, then setting up the trade.
If we hold $50.50 into the next session, I'm looking to enter long with a tight stop under $50. Target $53+ and manage from there. Clean risk, clean reward. Let's see if the bulls show up.
But let's be real — $BTC is still running the show. If Bitcoin rips, Litecoin follows. If it dumps, we're back testing support. So I'm watching the big guy first, then setting up the trade.
If we hold $50.50 into the next session, I'm looking to enter long with a tight stop under $50. Target $53+ and manage from there. Clean risk, clean reward. Let's see if the bulls show up.