After yesterday’s strong pump, I also expected LITE/USDT to continue moving higher, but for now the market has gone quiet. This often happens after a big breakout when buyers start taking profit and new buyers wait for a better entry.

The current sideways consolidation does not always mean weakness — it can also be preparation for the next big move. If the support zone holds, the trend can remain positive and price may push above the previous high.

However, if this range breaks to the downside, a short-term correction is also possible. That’s why the smart strategy is to wait for confirmation, avoid early entries, and trade with a tight stop-loss.

The overall market structure still looks bullish — the next breakout will decide the real direction.

#LitecoinUpdate #SquareBinance #TradingStrategy

LITE
LITEUSDT
945.73
-2.50%