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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The only place to trade like a champion!
💰FREE INSIGHTS: t.me/joechampionchannel
💰FREE INSIGHTS: t.me/joechampionchannel
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.