Litecoin is gearing up for a big move on the 1-hour chart!
We’ve got a textbook Symmetrical Triangle forming, with LTCUSDT squeezing tighter and tighter between converging trendlines. The price is now approaching the upper resistance of the triangle around $104. This setup is screaming breakout potential!
If LTC clears the triangle’s resistance, we could see a strong push toward the $111.01 target — a key resistance level to watch. On the flip side, if it fails to break out, the $92.16 level (now potential support) will be critical to hold. Volatility is coming, and I’m ready for it — are you? Let’s see if Litecoin can spark a rally!
Key Levels to Watch:
Support: $92.16 (previous resistance, now support)
Resistance: $104 (triangle upper boundary)
Target: $111.01 and $125 (next major resistances)
What’s your take, traders? Are we breaking out or pulling back? Drop your thoughts below!