$LTC /USDT CONSOLIDATION NEAR SUPPORT WITH A POTENTIAL SHORT TERM BOUNCE

Litecoin is currently trading around 68.49 USDT, showing mild bearish pressure after rejecting from the recent intraday high near 70.30. The price is hovering close to short term moving averages, which signals indecision and a possible volatility expansion ahead.

KEY SUPPORT AND RESISTANCE LEVELS

Immediate Support: 67.50 – 67.20

Major Support: 65.20

Immediate Resistance: 68.90 – 69.00

Major Resistance: 70.30

As long as price holds above the 67.20 zone, buyers may attempt a recovery toward the upper resistance range. However, failure to hold this support could invite deeper downside pressure toward 65.20.

TRADE SETUP

Preferred Setup: Long on Support

Entry Zone: 67.50 – 67.80

Target 1: 68.90

Target 2: 70.20

Stop Loss: 65.90

This setup is based on price stabilizing above key support and reclaiming short term momentum. Conservative traders may wait for a confirmed break above 69.00 before entering.

FINAL THOUGHT

Markets often reward patience more than speed. Stay disciplined, respect your risk management, and remember that every setup is a learning opportunity. Keep refining your strategy, stay focused, and move forward with confidence.