$LTC Consolidation Bullish with Active Support and Nearby Resistance in a Congestion Zone ✨
Main Trend
• H4: Bullish structure in lateral consolidation — resistance at $88.10 and solid support at $84.60
• M15: Slight recovery with support acting — attempt to maintain above the short average
Sentiment 🟡 Bullish Consolidation with Defended Support — Stable market but still without a clear breakout trigger
LTC/USDT rises +1.85%, quoted at $86.85, after a low of $84.66 and a high of $87.50 in the last 24h. The asset maintains a consolidation pattern at the top with constant touches on the resistance of $88.00. Immediate support at $84.60 proves to be efficient, while the indicators remain neutral with a slight buying bias.
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Resistances
• 88.10
• 89.25
• 92.00
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Supports
• 84.66
• 82.32
• 79.05
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RSI
• H4: 57.74 — Neutral with slight upward inclination
• M15: 57.96 — Technical stability zone
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MACD
• H4: -0.17 — Residual sell without dominant force
• M15: -0.17 — Weak negative crossover
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Williams %R
• H4: -29.09 — Neutral zone with slight buying pressure
• M15: -28.41 — Healthy consolidation
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Stochastic RSI
• H4: 31.64 — Lower region with potential for recovery
• M15: 31.87 — Initial signal of slight reversal
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Volume
• H4: Stable volume, no institutional escape
• M15: Slightly increasing in recovery candles
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Sell
• Region between $88.10 and $89.00 may generate short rejection
• Technical stop above $90.00
Buy (reverse)
Good entry between $84.60 and $82.30 with target between $88.00 and $91.00
Short-term reversal still possible
Scalping
Operational range between $85.00 and $87.80
Low volatility favors short trades with tight stops
Lateral volume but with consistency
LTC/USDT maintains technical consolidation after a consistent bullish movement. The asset sustains a support zone with moderate rejections at the top, while the market awaits a new trigger. Neutral setup with slight buying bias.