$LTC #LTC 10.28 Tao discusses LTC:

LTC is at a critical juncture for directional choice, with short-term trends influenced by technical signals, capital flows, and potential market events, and the balance of long and short positions awaits further disruption.

From a technical perspective, the LTC price is still seeking a clear direction after experiencing fluctuations. The key support range lies between 128-130, and the stability of this level is crucial; if it can hold, it will lay the groundwork for a subsequent upward test of the resistance at the 150 range. If it breaks down, it may face pressure to search for lower support.

In terms of market sentiment and capital, the Relative Strength Index (RSI) had previously released positive signals during the earlier rebound phase. Recent data shows that some participants are accumulating positions by taking advantage of price fluctuations; such signals are often seen as precursors to a potential market reversal.

For operation reference, consider going long in the 97.8-99 range, with the initial upward target set at the short-term resistance near 101. If it can effectively break through, one can further look towards the 103.8 range.

The above content is for navigation analysis reference only and does not constitute any investment advice; please ensure proper risk management.