LTCUSD Resistance retest, The Week Ahead 24 Feb ‘25The LTCUSD price action sentiment appears neutral, supported by the longer-term sideways trading range.
The key trading level is at 1,209, 17th Feb swing low level. An overbought pullback from the current levels and a bearish rejection from the 1,209 level could target the downside support at 1,082 followed by the 1,000 level over the longer timeframe.
Alternatively, a confirmed breakout above 1,395 resistance and a daily close above that level would negate the bearish outlook, opening the way for further rallies higher and a retest of 1,523 resistance followed by 1,709 levels.
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