24-hour trading volume: $84.12 million, $LTC is up 7.00% today.
On the gainers leaderboard, the biggest volume belongs to it. $LTC is currently trading at 67.18, with contract open interest up 8.17% over the last 24 hours. Retail traders have 71.32% of their accounts betting long, and the large holders are on the long side as well.
Market view: 1-hour MA20 at 63.6655 is below the current price; RSI14 is 62.58. Support is 58.3400 and resistance is 69.5000.
I’m bullish: volume and positioning are moving up together, and the trend hasn’t finished yet. If it pulls back to 58.3400 without breaking it, I’ll keep looking for upside; if it breaks, I’ll exit.
On the gainers leaderboard, the biggest volume belongs to it. $LTC is currently trading at 67.18, with contract open interest up 8.17% over the last 24 hours. Retail traders have 71.32% of their accounts betting long, and the large holders are on the long side as well.
Market view: 1-hour MA20 at 63.6655 is below the current price; RSI14 is 62.58. Support is 58.3400 and resistance is 69.5000.
I’m bullish: volume and positioning are moving up together, and the trend hasn’t finished yet. If it pulls back to 58.3400 without breaking it, I’ll keep looking for upside; if it breaks, I’ll exit.