🏮MARKET UPDATE: $LTC 🏮
LTC is trading right above a long-term ascending trendline, making this a key decision zone. The recent rejection pushed price back toward support around $75–78.
A hold and bounce from this trendline could trigger a bullish reversal, opening the door for a move toward $95–110, and potentially higher if momentum builds.
However, a weekly close below the trendline would invalidate the setup and could lead to deeper downside toward the $65–60 support zone.
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LTCUSDT
Perp
78.93
+1.28%