$LTC – Recovery Bounce Incoming After Controlled Correction🏆🏆
Current Price: 92.53 USDT
Trend Bias: Short-Term Recovery | Mid-Term Bullish
Support: 91.5 – 92.0
Resistance: 99.0 – 101.2
LTC has completed a short-term corrective phase after touching 95.79 USDT, now consolidating above key support between 91.5–92.0.
The price structure still respects the 99-period MA and shows early signs of demand absorption near the lower zone.
The current green candle off the 91.6 low suggests the beginning of a rebound phase, supported by volume uptick and lower shadow rejection — classic signs of accumulation before a recovery wave.
Outlook & Projections
If LTC sustains above 92.0 and breaks 93.5–94.0, momentum could shift upward toward the following targets:
🎯 Target 1: 96.80 – 97.50 (short-term resistance retest)
🎯 Target 2: 99.00 – 101.20 (projected breakout zone)
💎 Extended Target: 105.00+ (mid-term expansion if BTC maintains strength)
Invalidation: Hourly close below 90.8 would weaken the structure and could lead to a deeper correction toward 88.5.
Professional View
This pullback looks healthy within a broader bullish setup.
With the market stabilizing, LTC could resume its trend in line with Bitcoin’s momentum.
As shown in the chart, the rebound from 91.5–92.0 support forms a potential launch zone for the next impulse leg.
Bias
✅ Bullish above: 91.5
🚀 Target zone: 99 – 101
⚠️ Stop: Below 90.8
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