$LTC is attempting a recovery near $56.68, but the 2H structure still favours sellers.
The key test is $57. A confirmed breakout could open the door to $58.50, followed by $60.87.
Support sits at $55.18–$56.00. Losing this zone would weaken the bounce and increase the risk of further downside.
I’m watching for a breakout and successful retest before trusting this recovery.
Based on the shared chart. NFA.
The key test is $57. A confirmed breakout could open the door to $58.50, followed by $60.87.
Support sits at $55.18–$56.00. Losing this zone would weaken the bounce and increase the risk of further downside.
I’m watching for a breakout and successful retest before trusting this recovery.
Based on the shared chart. NFA.