$LTC / USDT – CAN BULLS DEFEND AFTER THE DIP TO $81?
$LTC recently rebounded from a sharp drop to $81.30 and climbed back above $85, but upside momentum is stalling just below resistance from key moving averages. The 4H chart shows hesitation — will it hold or roll over again?
📊 Market Snapshot
Current Price: $85.02 (+0.15%)
24H High / Low: $86.91 / $83.77
Volume (LTC): 266K
MA(7): $85.75 – price rejected here
MA(25): $88.08
MA(99): $88.38
📉 Technical Analysis
Downtrend clearly intact below all major MAs
Rejection at MA(7) showing weak buying strength
Bounce from $81.30 was promising but fading near $86 zone
Momentum shift only if it clears above $88+
🎯 Trading Plans
Short-Term Scalping Setup
Entry: $84.50 – $85.10
Take-Profit 1: $86.20
Take-Profit 2: $87.80
Stop-Loss: $83.50
Bearish Rejection Play
Entry: $85.80 – $86.50 (if price fails again at MA(25))
TP: $82.00
SL: $87.50
⚠️ Keep tight SLs — price is hovering near decision zones with low momentum.