Does $LTC start a rebound wave from support? Instant analysis and smart trading opportunity
Technical Analysis – LTC/USDT:
Litecoin is currently showing technical signals of nearing the end of the decline and starting a short-term technical rebound, where:
Current price: 86.90 USDT
RSI = 26.11 → Nearing oversold = High rebound potential
Rebound candle after a strong drop from the peak 98.95 to the bottom 84.63
Bollinger Bands: Price broke the lower limit and started returning to the middle
MACD: Still negative, but the selling momentum is slowing down
Smart Instant Trading Plan (Spot):
Entry point 86.50 – 87.00 USDT
Stop loss 83.50 USDT
First target 90.00 USDT
Second target 92.50 USDT
Trade duration 1 – 3 days
Trade type Spot
Notes:
The current daily candle is positive, confirming a potential rebound from strong support
Breaking 84.50 means returning to the downward trend, so stick to capital management
Question for the audience:
> Do you expect that Litecoin can surpass $90 this week?
Or are we just witnessing a temporary rebound before a deeper drop?
Share your opinion and plan in the comments 👇
