🐋 $LTC hit a new 24-hour low, and selling pressure hasn't let up.
The current price is 58.51, below the previous low of 58.83, with 24-hour trading volume of $14.41 million.
A large number of long-position stop-losses often cluster below the previous low, so breaking through it can trigger a cascade of stop-losses. Watch for signs of large buyers stepping in at these lower levels.