$LTC Massive Selloff, But Signs of a Bounce❓$LTC just plunged nearly -7% to $83.48 after failing to hold above $90. From the 4H chart, the drop from the local high of $94.17 down to $81.30 marks a brutal correction phase. However, price is now showing slight recovery signs with minor green candles forming.
Quick Breakdown:
• Price crashed from $94 → $81.30
• Current support test near $81 zone
• Light bounce forming, but volume still cautious
• Order book shows 59.53% sell pressure — bulls not back yet
What To Watch:
If $81 holds strong and we reclaim $85+, a short-term reversal is possible. But any rejection could drag it further toward $78–$75 range.
Stay cautious. Set tight stops if trading the bounce.