โ๏ธ $LTC /USDT โ Grinding Up or Topping Out? ๐ฅ
#Litecoin is hovering around $94.66 (+1.19%), caught between key moving averages. Bulls are eyeing a reclaim of the $96+ zone, but RSI and volume suggest indecision.
๐ Market Overview
๐ Current Price: $94.66 (+1.19%)
๐ 24h High: $96.19
โ๏ธ 24h Low: $92.29
๐ฐ 24h Volume (LTC): 752,693.46
๐ต 24h Volume (USDT): $70.75M
๐ Key Moving Averages
MA(7): $95.06 (price slightly below = near resistance)
MA(25): $94.13
MA(99): $96.91 (major long-term resistance)
Volume MA(5): 23.59K
Volume MA(10): 27.13K
RSI(6): 46.07 (neutral zone)
๐ LTC Trade Setup โ Levels to Watch
๐น Bullish Scenario (If LTC breaks above $95.06 + holds):
Entry: $95.50+
Targets: $96.90, $98.50, $100.75
Stop-Loss: $92.00
๐น Bearish Scenario (If LTC loses $94.00 support):
Entry: $93.80 or lower
Targets: $92.29, $91.78
Stop-Loss: $95.50
๐ Momentum Check
โ ๏ธ MA(7) > price = weak short-term strength
โ Still holding above MA(25) = mid-term stability
โ ๏ธ RSI(6) = 46 = no trend control, possible chop
๐ก Pro Tip:
Watch for volume confirmation on any breakout above $96.90 โ thatโs the 99-day MA and likely to attract sellers. Without strong momentum, fakeouts are likely.
๐ง Is Litecoin gearing up for a big move, or just taking a breather?
๐ Share your trade bias and letโs break it down.
