$LTC /USDT Technical Analysis – 1H Timeframe
Current Price: $94.68
24h Change: -3.29%
24h High / Low: $102.48 / $94.40
24h Volume: 667,423 LTC (~$65.78M USDT)
Key Indicators:
MA60: $95.39 (price trading below — slight bearish bias)
MA(5): 1,596.39 | MA(10): 1,608.21
Immediate Support: $94.40
Resistance: $96.00–$96.50 zone
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Outlook:
LTC has broken below its short-term moving averages and is testing its intraday support near $94.40. Momentum appears weak. If it fails to reclaim above $95.50–$96.00 soon, a deeper pullback toward $92.50 is likely.
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Trade Idea (Short-Term Bearish Bias):
Entry: $94.70
Stop-Loss: $96.60
Target: $92.50
Risk Level: Moderate – keep an eye on Bitcoin movement for correlation impact.
Let me know if you want analysis on a different timeframe or coin.
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