$LTC šÆšÆšÆšÆ
[Binance | Technical Analysis] ā LTC/USDT
Current Price: $101.73
24h Change: -0.49%
Trend: Sideways with bullish potential
Litecoin is consolidating just above key psychological support at $100, after a recent push to $105.97. Despite minor pullback, the price is holding steady, indicating strength in the broader uptrend.
šÆ Target 1: $105.50
Matches recent 24h high
Local resistance level
Good for short-term breakout trades
šÆ Target 2: $108.70
Key resistance from depth data
Aligned with recent supply zone
Break above this signals continuation of the uptrend
šÆ Target 3: $115.00
Mid-term target based on Fibonacci extension
Would confirm a bullish breakout structure
Watch for volume surge above $108.70 to validate
Support Levels:
$99.60 (24h low ā immediate support)
$97.50 (previous consolidation base)
Indicators:
RSI: Neutral zone ā room for upward movement
MACD: Flat but curling upward on 4H
Volume: Moderate, awaiting directional breakout
Conclusion:
LTC is showing resilience above $100. If buyers defend this zone, we could see an upside move toward the $108ā$115 region. Patience and risk management are key in this range-bound phase.