$LTC Support Bounce Watch 4h Chart 🟢
Support base after a sharp drop
Price fell hard from 62.40 and swept down to 55.30 then buyers took it back above the 55.50 to 56.15 support zone.
Since then it has moved sideways in small candles near 56.50 which shows sellers are losing power.
The trend is still down with lower highs from 65.40 so this is a bounce watch and not a confirmed reversal.
A 4h close above 57.30 can send LTC to 58.00 and then 59.50 to 60.00.
A close below 55.50 breaks the support and opens more downside.
#ltc
Support base after a sharp drop
Price fell hard from 62.40 and swept down to 55.30 then buyers took it back above the 55.50 to 56.15 support zone.
Since then it has moved sideways in small candles near 56.50 which shows sellers are losing power.
The trend is still down with lower highs from 65.40 so this is a bounce watch and not a confirmed reversal.
A 4h close above 57.30 can send LTC to 58.00 and then 59.50 to 60.00.
A close below 55.50 breaks the support and opens more downside.
#ltc
