๐ Litecoin [$LTC ] Bulls Are Back! ๐
Litecoin is showing signs of a big move! ๐ Currently trading at $98, LTC has already seen a 0.75% uptick, and trading volumes jumped 25% to $775M โ a clear sign that traders are getting serious. ๐ฐ
Data shows strong bullish sentiment:
๐ฅ Big long positions building at $97.1
โก Short positions stacked at $102.1
๐ธ $4M of LTC moved out of exchanges recently โ could signal long-term accumulation.
Technically, LTC has formed a bullish inverted head & shoulders pattern on the daily chart. If it breaks the $105 neckline with momentum, we could see a massive 30% surge toward $137! ๐
Indicators show mixed signals:
โ ADX at 29.95 โ strong momentum
โ ๏ธ Supertrend โ still showing some selling pressure
๐ก Takeaway: $LTC is heating up! Watch the $105 level closely โ a breakout could trigger serious upside. But if momentum fizzles, sideways action or a small correction isnโt off the table.