Litecoin ($LTC

) is showing strong bullish momentum, with the price currently at $124.56, up 2.03% in the last 24 hours. The market tested a high of $126.14 and is holding well above the recent low of $118.25, indicating solid buyer interest and strong support. The steady climb from yesterday’s dip suggests accumulation by larger players, and the trading volume of 692K LTC reinforces the strength behind this move. With price action consolidating just below the recent high, LTC appears to be gearing up for a potential breakout toward $128–$130 in the short term.

From a technical perspective, holding above the $123 support zone keeps the bullish structure intact, while the higher lows on the chart signal continued upward pressure. If momentum sustains and buyers defend the $124–$125 range, we could see a strong rally toward the $130 resistance and beyond, possibly retesting the $135 zone in the coming sessions. However, a drop below $122 could trigger a quick pullback toward $120, where fresh buying interest might emerge. Traders should watch for a decisive move above $126.14, which could ignite a surge of breakout buying. 🚀