LTCUSDT

Market Sentiments

1.Neutral-Bullish Bias

- RSI at 54.75 indicates mild bullish momentum but still within a neutral range.

- The price has bounced off the support level at 96.89, showing buyers are defending this area.

2. Volume

- Volume is relatively low, indicating no strong trend confirmation yet. A spike in volume will signal the next major move.

Key Levels

- Support $96.89 (critical level; a breakdown will trigger further downside).

- Resistance $103.20 (current price level); stronger resistance at $110 if it breaks above.

• Trend Bias The price seems to be attempting a recovery but is in a consolidation zone.

Next Move Prediction

- Bullish Scenario

- If the price holds above $103.20 and breaks $110 with higher volume, it could trend toward $120.

- Bearish Scenario

- If the price falls below $96.89, expect a sharp decline toward $90 or lower.

Smart Strategy

- Long Entry Above $105 with stop-loss at $102. Target: $110-$115.

• Short Entry Below $96.50 with stop-loss at $98. Target: $90.