$LTC is moving sideways with a slight decrease.
The recent trading volume has been erratic, with the last few candles showing just average volume, but during previous sell-offs, the volume surged significantly, indicating that the selling side is still strong. The buying side has not shown signs of strong buying again.
The futures money flow is heavily negative: 24h -8M USDT, 7D -70M; spot is also short-term negative. Selling pressure is widespread.
#LTC #LTCUSDT Be careful to short if it breaks below support.
- Entry short: Break below the level of $76.98 (support) + increased volume. Or wait for a rebound up to $81.89 for a better entry.
- SL: 79 for short entry at 76.5
- TP: $74.95, then down to $70.88
Trade carefully, the market is tricky! Anyone holding LTC, please comment and share!
LTCUSDT
Perp
76.36
-3.12%
