Family, today we focus on Litecoin (LTC), combining the latest market dynamics and on-chain data, from a technical perspective to operational suggestions, to clarify things for everyone.

First, let's look at the key resistance and support levels. If we want to move upward in the short term, the $120-126 range is a hurdle — it has recently struggled to stay above several times, a definite strong supply zone, and breaking through is not easy. If it can stabilize and move up, we need to watch the $140-148 range in the medium term. If this range breaks, we might be able to initiate a trend upward, and then there will be something to look forward to. On the support side, we need to pay close attention; the $110-115 range is the cost zone for long-term holders. If we can't hold this level, it could likely accelerate the pullback; in extreme cases, if we encounter macro risks, the $100-105 range is a psychological barrier, and breaking below it could easily panic the market.

Next, let's look at the technical indicators. The daily RSI is currently at 55-60, which is neutral to strong, not yet overbought, and is a decent state. However, if it falls below 50, we need to be alert for a weakening market. The MACD is more interesting; the hourly chart has just produced a golden cross, but the green bars have been shrinking, clearly indicating insufficient upward momentum; we need to watch the daily chart closely. If a death cross forms on the daily chart, a short-term pullback is highly likely. We also need to pay attention to the Bollinger Bands, as the current price is hovering around the middle band at $118. If it breaks below the middle band, the possibility of testing the lower band at $110 is very high.

Position management must be emphasized; the total position must not exceed 10%! Prioritize selecting low-entry spot positions, and we should try to avoid high leverage as the risk is too high to bear. If you want to hedge risks, pairing with some BTC or stablecoins will suffice, as they can provide a hedging effect through correlation.

Finally, regarding today's operational guide, Hao recommends considering going long around $114.30-116.10, with the first target set at $118.30. If it can stabilize, then we look further up at $120.21.#LTC