LTC — Range breakout, watching the 46-48 retest for continuation

Wait 5 sec.

LTC — Range breakout, watching the 46-48 retest for continuationLTCUSDT Perpetual ContractBYBIT:LTCUSDT.PNiccoFxLitecoin just broke out of a 3-month accumulation range (40–48) with a strong impulsive move to 55. This is the first real sign of strength since the June drop. What I'm watching: The breakout needs to hold. Price is now pulling back toward the 46–48 zone — old resistance that should flip to support. This is where continuation buyers step in. The plan: 📍 Entry zone: 46 – 48 (breakout retest) 🛑 Invalidation: Clean 4H close below 46 🎯 Target 1: 58 (prior structure high) 🎯 Target 2: 60+ (range projection) The logic: Classic break-and-retest. The impulse candle broke a multi-month range on strong volume. If 46–48 holds as support, momentum should carry price into the 58–60 liquidity above. If it fails and closes back inside the range, the breakout was a fakeout and I stand aside. Structure over prediction. Let the retest confirm before committing. ⚠️ Not financial advice. Always manage your risk.