🔍 LTC Analysis – RSI Reversal or Fakeout? 🔍
⚡ Litecoin (LTC) is showing signs of a potential reversal after a steep correction. Traders are watching RSI and volume for confirmation.
📈 Technical Analysis
- Short-term trend: Bearish with signs of stabilization
- Support: $62.40
- Resistance: $68.90
- Pattern: Hammer candle on 4H near support
- Volume: Slight uptick on recent bounce
- RSI: Recovering from 35 to 48
- Outlook: Neutral to bullish
📰 Market Data & News
- Price: $65.10
- 24h Change: -1.8%
- No major headlines, but LTC remains a top-tier altcoin with strong liquidity
🔄 Scenario Breakdown
- Bullish Case: Break above $68.90 with RSI > 50 could target $74.00
- Bearish Case: Rejection at resistance and RSI rollover may revisit $62.40
- TP/SL Logic: TP at $74.00 / SL at $63.00
📊 Sentiment Meter
📊 Neutral – Range-bound, no clear direction
⚠️ Risk Level
🟡 Medium – Some signals align, but confirmation needed
💬 Will LTC reclaim $70 or stall below resistance? Share your thoughts 👇
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📢 Reminder: This is educational content. No guarantees, no advice—just charts, data, and perspective.
LTC #TheCryptoMalik