$LTC /USDT Pullback After Rally — Watching $115–$112 Zone for Support Retest
Litecoin (LTC) has corrected to $118.43 (-2.28%) after hitting a recent high of $129.16, marking a cool-down phase following its sharp rally. Despite the dip, LTC remains well above all key moving averages, suggesting bullish structure is intact short-term.
Key Technical Levels:
MA(7): $112.73
MA(25): $109.45
MA(99): $95.19
Current Status:
Trading above MA cluster, with support in the $115–$112 range
High volume at $190.51M USDT → institutional interest remains strong
RSI likely cooling from overbought region
MACD may show slowing momentum, but not a reversal yet
Support Zones:
$115–$112 (MA(7) zone)
$109–$108.5 (MA(25) and prior consolidation)
$95 (MA(99), strong trend support)
Resistance Zones:
$120.15
$129.16 (local high)
$131.81 (next breakout level)
Bias: Bullish-to-neutral, watching pullback reaction
As long as LTC holds above $112–$109, structure remains bullish
Loss of $109 would suggest deeper correction toward $95
Verdict:
LTC is undergoing a healthy retrace after a strong run. The $115–$112 area is key for bulls to hold. If support is respected and volume stabilizes, a push back toward $120+ and possibly $129–$131 is on the cards. Break below $109 would weaken the bullish thesis.
