Litecoin Testing Critical Support, 16% Rally Toward $136

Hello✌️
Let’s analyze Litecoin’s price action both technically and fundamentally 📈.

🔍Fundamental analysis:
MEI Pharma became Lite Strategy and put $100M in Litecoin (LTC).
EU rules now make LTC a regulated asset, easing big investors in and cutting sell pressure.

📊Technical analysis:
precisely hit my previous target and is now testing two key daily supports and a critical trendline.
It is also near the upper boundary of its parallel channel.
A breakout above this level could trigger a 16% rally toward $136.

📈Using My Analysis to Open Your Position:
You can use my fundamental and technical insights along with the chart. The red and green arrows on the left help you set entry, take-profit, and stop-loss levels, serving as clear signals for your trades.⚡️ Also, please review the TradingView disclaimer carefully.🛡

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MadWhale

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