Litecoin (LTC/USDT) Technical Analysis
Litecoin is currently trading within a well-defined range between $90 and $140, with key resistance near $140 and strong support around $90-$100. The price has repeatedly tested both levels, confirming the range-bound structure.
The green demand zone has been a key liquidity area, with multiple wicks below it, suggesting potential stop-loss hunting before price rebounds. If the support holds, LTC could push towards the $140 resistance again.
However, a breakdown below $90 could trigger further downside.
Traders should be cautious of fakeouts and liquidity grabs, especially near the support zone.
A breakout above $140 could indicate a bullish continuation, while a loss of the $90-$100 range might signal further bearish pressure.
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