$LTC is trading around the 55.98 area after another clean bounce off the ascending trendline that has been supporting price since early April, recovering aggressively from the recent test near 55.00 and now pushing back into the 56.00 horizontal resistance. The structure continues to hold remarkably well despite the broader market volatility, with each test of the trendline providing a clear opportunity for buyers to step back in and reassert control.
As long as LTC holds above the trendline and the 55.00 area, the bias remains constructive and a clean break above 56.50 would put the 57.00–57.50 highs back in focus. A trendline loss on a closing basis would be the first significant warning sign, breaking a structure that has been intact for nearly a month and opening the door toward the 53.30–53.70 area below.
LTCUSDT
Prep
55.74
-0.60%
AI
0.0207
-25.54%
SOLVUSDT
Prep
0.00481
0.00%
#KOFI #CreatorpadVN #BTCDropsBelow$77K #BhutanTransfers102BTC #AftermathFinanceBreach