Binance fam, take a close look at this move.
$LTC just printed a sharp rejection from the 81 area and flushed straight into the 76 zone, taking out short-term liquidity in one clean move. The important part isn’t the drop itself — it’s the reaction. Price has already slowed down near 76.0, forming a small base after the selloff, which suggests sellers are losing momentum rather than accelerating lower.
This kind of impulse down followed by tight candles often marks a short-term stabilization phase before the next decision.
Trade Idea (Cautious Long Bias):
No chasing — patience is key here.
Key Levels to Watch:
Support zone: 76.0 – 76.3
Immediate resistance: 78.0 – 79.0
Upside extension: 80.5 – 81.0 if strength returns
As long as $LTC holds above the current support and doesn’t lose 76 decisively, a recovery bounce remains on the table. Let the structure confirm, manage risk properly, and stay disciplined.
Stay focused, Binance fam.
