Technical analysis by Traders_Notes about Symbol LTC on 6/28/2025

Traders_Notes

📊 Technical Overview:Litecoin is forming a potential reversal structure near a key long-term support zone. Historically, this area acted as an accumulation range before significant upward moves.The price is still holding within a broad ascending channel, and current consolidation may represent the final stage before a breakout.🔻 Below lies a potential liquidity trap zone — a fakeout could occur, triggering weak hands before continuation. For us, that’s a spot to add, not to exit.📈 Trade Plan:-Partial entry is already possible at the current zone-Additional entries planned if price drops lower-No stop-loss — risk is managed strictly via position sizing-Take-profits aligned with major resistance zones where selling pressure occurred in the past