Based on the chart
price of LTC/USDT Perp has been on a downtrend after peaking near 88.50. It recently bounced off a low around 85.10 and is currently trading around 85.78. The moving averages (MA(7), MA(25), MA(99)) also show a bearish alignment, with shorter-term MAs below longer-term MAs. Volume has been relatively low during this recent consolidation.
LTC/USDT Perp is currently consolidating around $85.78 after a recent downtrend. While it saw a slight bounce from $85.10, the overall trend remains bearish with key moving averages showing downward pressure. Watch for a decisive break above current resistance or a retest of recent lows.