$LTC LITECOIN SLIDES INTO SUPPORT! WILL THE $92 ZONE HOLD OR CRACK?
$LTC is currently trading at $93.03, down -2.89% on the day after a steep drop from the $99.69 high. Price is clinging to a narrow support range around $92.80–$93.00, trying to stabilize, but momentum remains weak and sellers still dominate.
Key Price Levels:
• Immediate Resistance: $93.60 – $94.20
• Major Resistance: $95.00 – $96.50
• Critical Support: $92.80 – $93.00 (last defense before deeper drop)
Trade Setup – Breakdown or Short-Term Rebound?
Bullish Reversal Setup:
• Entry: Break above $94.20 with rising volume
• TP1: $96.00
• TP2: $98.50
• Stop-Loss: Below $92.80
Bearish Continuation Setup:
• Entry: Breakdown below $92.80
• TP1: $90.60
• TP2: $88.50
• Stop-Loss: Above $94.20
$LTC is testing its final short-term support. If bulls can defend $93 and push through $94.20, a relief rally is possible. If not, expect continued selling toward the $90 zone. Stay cautious and wait for confirmation.