💪 $LTC
Bulls Gaining Strength — Eyeing $200 🚀
Litecoin is showing strong bullish momentum after breaking above its ascending channel, currently trading above $133. Increasing Open Interest has surged to a record $1.27B, signaling fresh capital flowing into the market. Network hashrate continues to rise, improving security and investor confidence.
Technical Outlook:
Current Price: $133+
Immediate Resistance: $147 (December high)
Short-Term Target: $200
Support Zone: $125 (upper trendline boundary)
Growing long positions and a long-to-short ratio of 1.08 suggest market sentiment remains firmly bullish. Watch for continued volume expansion to confirm the next upward push.
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