Since our previous $LTC trade, the setup has been invalidated as price lost two key support levels.
Litecoin faced a firm rejection near $87 and then failed to hold $79.54, shifting the short-term bias to the downside. Focus now turns to the $74 support zone.
🔍 Key Scenarios:
• Below $74: A clean breakdown opens the door for shorts toward $66, where stronger buyer demand is expected.
• Above $74: If support holds, a bounce remains possible, with longs targeting a recovery toward $79.
📉 Summary: Momentum has weakened, and price action around $74 will likely determine the next directional move.
