8.18 LTC Analysis
After a significant decline recently, LTC's price has gradually stabilized around the 115 level, forming a clear short-term support level. Although the 4-hour chart remains weak, from the perspective of trading volume and price structure, the downward momentum has not further expanded, and bearish sentiment has eased. At this point, blindly chasing short positions does not offer good cost-effectiveness.
In the short term, if the 115 support holds effectively, one could speculate on a recovery with targets initially looking at the 118-120 range
