LTC
From the daily chart perspective, the price is approaching the end of an ascending wedge pattern, and this position has entered a critical decision zone: if it can effectively break through the $117 level, it will officially confirm a bullish structure, with subsequent upward targets looking towards $130; on the contrary, if it breaks below the $110 support level, it is very likely to test the $100 round number for a pullback confirmation.
Looking at the 4-hour chart, the current MACD indicator is entangled above the zero axis, and short-term signals are not yet clear: once the indicator forms a golden cross, there is hope for a short-term rebound; if it continues to remain stuck without a clear golden cross signal, caution should be taken as the pressure for a pullback may further accumulate.
It is recommended to buy at low levels, aiming for a return to around $110-108, and looking towards $116
