LTC Spot Observation and Operation Plan!

The current price is at a key support area. From a technical perspective, the overall upward structure of LTC remains intact, with no signs of trend damage. Considering the market situation, although BTC shows signs of a false breakout, LTC exhibits a clear reversal pattern with a lower shadow in the 4-hour cycle, indicating a willingness from short-term bulls to defend the price. Meanwhile, some mainstream altcoins like SOL are also approaching important support levels, suggesting a potential market resonance.

On the technical side, LTC's price has retraced to the middle Bollinger band on the daily chart, while the 4-hour chart shows a flag consolidation pattern. Coupled with a golden cross in the moving average system, if it stabilizes and rebounds, it is expected to confirm a short-term bottom. Therefore, gradually building a position near the current level as a short to medium-term speculative attempt holds certain cost-effectiveness.

Take profit can be referenced at the short pressure zones above, such as around 101 and 105; stop loss can be set according to personal risk preferences, or one can hold and observe first, responding flexibly. #LTC @litecoin