$LTC /USDT Technical Analysis
Litecoin is currently consolidating within a descending triangle pattern, with the price rebounding from a key horizontal demand zone, indicating short-term buying interest.
🔹 Ichimoku Cloud: The price is trading inside the cloud, signaling market indecision and a potential squeeze before a breakout.
📊 Key Levels to Watch:
Breakout above triangle resistance = Bullish continuation
Breakdown below demand zone = Bearish confirmation
⚠️ Wait for a confirmed breakout or breakdown to determine the next major move.
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