$LTC Litecoin Under Selling Pressure
Current Market Snapshot
Price: $80.17 (-3.48%)
Exchange: Binance
Type: Major Altcoin (POW)
Critical Support & Resistance Levels
Support Zones
Immediate Support: $78.60 (24h Low)
Key Support: $80.00 (Psychological level)
Strong Support: $79.00 (Previous consolidation)
Resistance Levels
Immediate Resistance: $81.00 (Multiple touch points)
Key Resistance: $83.19 (24h High)
Major Resistance: $85.00+ (Recovery target)
Trading Scenarios
Bearish Breakdown
Entry: Below $79.50 break
Target 1: $78.60
Target 2: $77.00
Stop Loss: $81.50
Bullish Recovery
Entry: Above $81.20 reclaim
Target 1: $82.50
Target 2: $83.50
Stop Loss: $79.80
Heavy sell pressure - wait for clear support hold at $80 or resistance break above $81.20 before entry. Consider dollar-cost averaging for long-term positions.