$LTC Squeezing Below Resistance, Ready for a Break?
Litecoin is trading at $109.55, showing strength after bouncing from $109.00 support. The price is consolidating tightly just under the $110.00 resistance level. A breakout from this zone could trigger a fresh move higher, while failure may lead to short-term weakness.
Key Levels to Watch
Resistance: $110.00 – A breakout above this level could lead to $112.50 and $115.00
Support: $109.00 – A breakdown may drag LTC toward $107.20 and $105.60
Trade Setup
Bullish Entry: 15m close above $110.00 with volume confirmation
• Target 1: $112.50
• Target 2: $115.00
Bearish Entry: Break below $109.00
• Target 1: $107.20
• Target 2: $105.60
LTC is winding up in a tight range—watch closely for a high-impact move as price tests resistance.