LTC, Litecoin - price is trying to break local key level😯

A key level of $162.5 can be highlighted on the Litecoin chart. The price is now contracting, which is a good signal before a breakout and rise.
Enter after a breakout and a retest of the key level as support.
But be careful, there could be a stop loss hunt before that.

Write in the comments all your questions and instruments analysis of which you want to see.

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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.