📉 $LTC Analysis — Bearish Grip Tightens
Litecoin remains locked in a clear downtrend, struggling to regain momentum as it consolidates near critical support levels.
$LTCUSDT (Perp)
Price: 63.13
24H Change: −7.35%
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🔍 Technical Breakdown
🔻 Moving Averages
Price is trading below all major MAs (MA5, MA10, MA20, MA120), confirming a strong bearish alignment.
📊 Volume Profile
Heavy selling previously dominated the $64.6–$65.4 zone. Recent candles show volume exhaustion, suggesting selling pressure is cooling as price tests support.
💰 Capital Flow
Minor inflows on the 1H contract data (+147k) are visible but not strong enough to signal a confirmed reversal.
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📈 Trade Plan
Short Scenarios
• Sell on a bounce to 65.0–65.5 (MA5 + resistance)
• Or sell on a break below 62.5 with volume confirmation
Short SL: 67.0
Short Targets: 60.5 – 61.0 (support zone)
Long Scenario (Cautious)
• Only consider longs if price reclaims and holds above 65.5 with volume
Long SL: 61.0
Long Target: 66.5
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📌 Bias: Bearish until proven otherwise
📌 Strategy: Trade reactions at key levels, not emotions
Structure > Hope. Manage risk. Trade smart. 📉📈