📉 LTC/USDT Brief Analysis
Current Price: $117.73 (−3.03%)
24h Range: $115.51 – $124.77
Volume: 529,066 LTC ($63.49M)
🔎 Technical Picture
EMA: Price below EMA(7) $118.07, EMA(25) $119.35 and EMA(99) $119.11 → confirms a downtrend.
MACD: Line (−0.30) below signal (−0.47), histogram negative → bearish momentum.
Stochastic RSI: %K = 12.92, %D = 13.08 → oversold zone, a short-term rebound is possible.
RSI: RSI(14) = 42.18, RSI(7) = 41.45 → closer to the neutral zone, but with a downward slope.
🎯 Possible Short-Term Targets
If downward pressure persists:
TP1 → $115.50
TP2 → $113.80
TP3 → $112.00
If a rebound occurs:
TP1 → $119.30 (EMA25)
TP2 → $121.50
TP3 → $124.70
👉 Conclusion: the trend remains bearish, but the oversold zone on Stochastic may trigger a brief rise if LTC holds the support at $115.
