Litecoin Breakout and Potential Retrace

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LTCUSDT: Hey Traders,
In today's session, we're keeping a close eye on LTC/USDT as it approaches the $77 area, a key support-turned-resistance zone.

Litecoin recently broke below its previous uptrend, indicating a potential shift in momentum. It is now in a corrective phase, with price retracing back toward the broken trendline and horizontal resistance around $77.

This level could act as a strong rejection zone, offering a potential selling opportunity if bearish confirmation shows up.

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