$LTC The price swept liquidity on HTF and built a bullish structure on MTF based on SM concepts. An attempt to break out of the descending parallel channel was rejected in line with BTC, leaving a doji candle. No clear breakout yet, but also no bearish continuation — instead, we see EQH above and a possible H&S pattern forming ⚖. Might be a bear trap?
Technical indicators remain solid 📊. Aggressive traders may look for long entries around current levels. Two scenarios are possible: a tighter but riskier stop or a looser one. In both cases, the first target sits at 118.25 🎯. A drop below 106 would invalidate this idea and suggest more accumulation is needed.
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