Quiet volume often precedes sharp moves when ranges tighten. 🪙
At $51.17 with a 0.37% daily gain, $LTC is testing the upper boundary of its $49.52 to $51.80 range while hourly volume sits at 0.86x of the 23-hour average.
A bullish continuation scenario requires a confirmed hourly close above 51.80 backed by expanding volume. Conversely, an invalidation risk emerges if price slips back below 49.52.
Will you wait for a confirmed hourly close above the range high, or does a drop toward the 49.52 low invalidate the setup for you?
Tap $LTC for the live chart. #LTC #BinanceSquare
At $51.17 with a 0.37% daily gain, $LTC is testing the upper boundary of its $49.52 to $51.80 range while hourly volume sits at 0.86x of the 23-hour average.
A bullish continuation scenario requires a confirmed hourly close above 51.80 backed by expanding volume. Conversely, an invalidation risk emerges if price slips back below 49.52.
Will you wait for a confirmed hourly close above the range high, or does a drop toward the 49.52 low invalidate the setup for you?
Tap $LTC for the live chart. #LTC #BinanceSquare