#MarketTurbulence Combining candlestick reading with flow analysis $SOL
for the LTC/USDT pair gives us a clearer picture of the current situation:
From a candlestick perspective
The price has been in a downward trend since breaking the $123 level, with a new low recorded at $116.55.
The recent candles show lower wicks near this low, indicating attempts to buy, but they are relatively weak.
The price is still below the short-term moving averages, confirming that the bearish trend is dominant.
From a financial flow perspective
Most large and medium liquidity is heading towards selling, with a negative difference between buying and selling.
Large category buyers have not entered strongly yet, which reduces the likelihood of a strong rebound currently.
Conclusion:
The trend is still bearish, with the possibility of a short-term technical rebound if buyers defend the $116.5 level by entering new liquidity. However, breaking this support with a strong close may open the way towards $113–110.