From a technical perspective, LTC has recently faced significant resistance. In the range of 82.3 to 83.3, a short-term bearish approach can be considered.
The first target is aimed at 81.2. If the price reaches this level, consider taking partial profits. Don't be greedy; lock in gains when possible, and continue holding the remaining position to see if it moves further down.
The second target is at 80.1. If it reaches this point, the gains will be quite substantial.
Key reminder: Risk management always comes first. Setting a proper stop-loss is very important—immediately cut losses if the price breaks through a key level, to prevent the position from reversing and eating into too much profit. This type of short-term trading is time-sensitive; details determine success or failure. If in doubt, review candlestick charts and think more deeply.
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SocialFiQueen
· 8h ago
LTC is indeed under some pressure this time. Be cautious above 82.
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BlockchainArchaeologist
· 8h ago
82.3 is such an obvious pressure level, I feel like I should wait until it breaks before taking serious action.
Can I get it at 80? That's a bit risky.
The risk control part is correct; last time I got caught off guard because I didn't set a stop loss.
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New_Ser_Ngmi
· 8h ago
82.3 to 83.3 is really a tough pressure point, but I'm still a bit hesitant and don't dare to short directly, afraid of a rebound and getting stopped out.
The 80-dollar target sounds comfortable, but the key is whether I can hold on until then.
Risk control is well explained, but it's really difficult to implement in practice.
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StrawberryIce
· 8h ago
81.2 this point is a bit risky, feels like it can't break through... Tried several times before and it kept bouncing back
LTC has indeed been a bit annoying recently, with pressure above 82 being very strong, but this kind of situation really tests your mentality
80.1 might be a bit greedy, how can you expect too much in short-term trading... Stop-loss needs to be set tighter
This trading window feels very short, a slight delay could get you caught in a trap
The bearish strategy is good, just worried that the trend might suddenly reverse... Must keep the stop-loss line well protected
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MrDecoder
· 8h ago
82.3 resistance level is indeed obvious. Wait until it drops below 81.2 to get in. Being cautious is never wrong.
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DevChive
· 8h ago
82.3 can't be broken down, it still feels like there's some rebound strength. I'm not daring to chase this short move.
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ImpermanentPhobia
· 8h ago
LTC's current resistance level is indeed obvious; be cautious when it goes slightly above 82.
From a technical perspective, LTC has recently faced significant resistance. In the range of 82.3 to 83.3, a short-term bearish approach can be considered.
The first target is aimed at 81.2. If the price reaches this level, consider taking partial profits. Don't be greedy; lock in gains when possible, and continue holding the remaining position to see if it moves further down.
The second target is at 80.1. If it reaches this point, the gains will be quite substantial.
Key reminder: Risk management always comes first. Setting a proper stop-loss is very important—immediately cut losses if the price breaks through a key level, to prevent the position from reversing and eating into too much profit. This type of short-term trading is time-sensitive; details determine success or failure. If in doubt, review candlestick charts and think more deeply.