LTC’s Next Move: Bullish Breakout or Bearish Dip?

27 de fev.

LTC is currently at a decisive point, showing signs of bullish momentum — but the next move will depend on how the price reacts to key levels in the coming days.

After breaking through the POC (Point of Control) — one of the strongest resistance levels based on the Volume Profile — the price is now at a critical point where both bullish continuation or a deeper retracement are possible.

📌 What’s Happening Right Now?
The POC around $128-$129 was acting as a strong resistance level during the previous consolidations. Now that we have broken above this area, it could flip into support if we see a clean retest.

Additionally, there is a dashed trendline supporting the structure by forming higher lows, showing that bulls are still in control.

However, if the market fails to hold the POC, a deeper retracement towards the FVG (Fair Value Gap) zone around $115-$120 could play out. This zone is a strong demand area and could offer the next buying opportunity.

🟢 Bullish Scenario:
If the price manages to retest the POC successfully or finds support again at the dashed trendline, we could see a continuation to the upside.
The first key confirmation would be a break above the resistance level at $134-$136 — an area where the market has been rejected several times.

Once this level is cleared, the next bullish targets could lie around $146-$150, potentially forming a new bullish structure with higher highs.

🔴 Bearish Scenario:
If the price doesn't hold the POC and breaks below the trendline, we could see a move back towards the blue FVG imbalance zone between $115-$120. This would likely act as a strong support area where buyers could step in again.

A clean break below this zone would invalidate the bullish structure and open the door for deeper downside.

🔍 What to Watch for Confirmation:

• ✅ Retest of the POC with bullish reaction
  
• ✅ Higher lows along the trendline
  
• ✅ Break above the $134-$136 resistance zone
  
• ❌ Break below POC and trendline = bearish scenario
  

What Do You Think? 🤔
Will LTC hold the POC and make the next bullish leg — or are we heading back to the imbalance zone for one last liquidity sweep?

Drop your opinion in the comments 💬👇 and make sure to follow for more detailed setups every day! 🚨

28 de fev.

Trade ativo

It looks like we are going to test the bottom level once more and see what we will do from there