$LTC is currently trading around $84.40, within the Bollinger Bands.
With the upper band at $85.79 and the lower at $83.33, the price is near the upper band.
This suggests potential overextension, indicating a possible pullback.
Key support is at $83.17, while resistance stands at $85.62.
Volatility appears to be contracting, which usually precedes significant price movements.
Consider placing a stop-loss below $83.00 to manage risk.
It’s prudent to wait for confirmation of a trend reversal or set alerts near key levels.
