🚨 LTC/USDT Perp Update – Real-Time
Price: ~$111.15 🔼 +2.26%
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📉 Technicals, Support–Resistance & Trade Setup
Litecoin recently rebounded from the $106 support zone, forming a potential double-top pause near $110–$111, with bearish divergence starting to appear on the 1H chart, hinting at weakening momentum .
Short-term indicators:
RSI ~58.5–59 – neutral territory, neither overbought nor oversold
MACD positive, 20‑day EMA ~106.7 supports upward bias .
Key levels:
Support: $106.60–$108, retest zone around $105.20
Resistance: near-term $110–$112, critical breakout at $114–$115, then $120 horizontal zone from long-standing symmetrical triangle breakout .
Long setup: Entry ~$110–$111 on capture/bounce; SL ~$108.50;
TP1: $114–$115, TP2: $120–$122.
Short setup: If price fails above $112; entry ~$111–$112; SL ~$113; TP ~$108, secondary ~$105.
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🐋 Smart Money / Whale Flow
Strong buy reactions after dips like $105–106 suggest institutional support in play. Confirmation via volume seen during upward moves .
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🎯 Sentiment: Neutral–Bullish
Structure shows lift off key demand but faces resistance congestion. Bullish momentum would resume upon breakout above $112 with conviction; break below $108 might lead to pullback.
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Summary: Litecoin is holding well above $106 demand base. A valid breakout above ~$112–$114 is needed to target the broader upside zone near $120. Conservative trades can capture bounce on dips toward $110. #LTC_USDT #LitecoinAnalysis #CryptoTrade