$LTC /USDT 4-Hour Chart Analysis
Litecoin (LTC) is currently at $99.75 on Binance, down 2.55% (-2.61) on the 4-hour chart. Here’s a quick breakdown:
Price Action: LTC surged to a high of $105.97 but has pulled back to $99.75, showing some volatility with mixed candlesticks.
Support/Resistance: Support is holding around $99.75 (near the 24H low of $99.03). Resistance sits at $105.97—breaking this could signal more upside.
Volume: Strong buying volume during the uptrend (around the 9th-11th), but it’s tapered off during the pullback, hinting at possible profit-taking.
Trend: Still bullish with higher highs and lows, though this correction could turn bearish if $99.03 breaks.
What’s Next?
Bullish: Hold above $99.75 and break $105.97 for a potential move to $108.
Bearish: Drop below $99.03 might test $96.
