Here's the technical analysis for $LTC /USDT (Perpetual Futures)
📌 Market Summary
Metric Value
Last Price $84.42
Mark Price $84.43
24h Change -1.91%
24h High / Low $86.14 / $82.43
24h Vol (LTC) 1.80M
24h Vol (USDT) $152.22M
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📈 Volume & Moving Averages
Indicator Value Signal
Current Volume 34,956.58 Low relative to recent averages
MA(5) 44,524.42 Price below MA(5) → short-term bearish
MA(10) 46,800.12 Still under pressure, trend weakening
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🔍 Key Price Zones
Resistance Areas Support Areas
$86.14 (24h High) $82.43 (24h Low)
$87.80 / $88.90 $83.53 / $82.10
$89.23 (extended R) $80.00 (psychological zone)
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🔄 Trend & Sentiment
Trend: Short-term bearish with weakening momentum
Volume: Declining volume confirms lack of conviction on rebounds
Support Test: Price hovering just above $82.43 low – key level
Depth Bias: Sellers remain active between $86–$88+
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✅ Trade Ideas
Bias Strategy
Bearish Short near $85–$86 zone, TP: $82.50–$80.50, SL: $87.25
Bullish Long above $86.15 breakout, TP: $88.90–$90.00, SL: $83.80
Range Play Buy near $82.50, sell near $86 unless a breakout occurs
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🧭 Conclusion
LTC is in a consolidation-to-downtrend pattern, trading in a tightening range between $82.40 and $86.10. Traders should watch for a decisive break out of this zone with volume confirmation for the next move.
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