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#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