$LTC /USDT TECHNICAL ANALYSIS: BEARISH PRESSURE BUILDING BELOW KEY RESISTANCE
#Litecoin ($LTC/USDT) is currently trading at $84.58, down 1.80% on the day, reflecting weakening momentum after repeated failures to break the $91.00 resistance. The market structure indicates growing bearish pressure as price continues to form lower highs.
Key Technical Observations:
Support Zone: Immediate support at $84.00, followed by $83.00, $82.00, and $80.00. These levels may come into play if selling continues.
Resistance Zone: Strong resistance at $91.00, with bulls unable to push past this key level in recent attempts.
Volume Insight: Increased activity near $79.00 (1.4K LTC) indicates possible accumulation, but no confirmed reversal yet.
Trend Direction: Bearish bias below $86.00, with price action showing weakness after losing the $85.00 support.
Market Outlook: If $LTC fails to reclaim the $86–$87 zone, we could see extended downside toward $82.00 or $80.00. Bulls need to defend $84.00 with strong volume to stop the decline. Until then, caution is advised on long entries.
Sentiment: Short-term SELL unless price recovers and holds above $87.50 with bullish momentum.