$LTC +30% this week — but what happens if price retests $60.61❓👀
That’s the level I’d be watching next.
#Litecoin just pushed through the major $60.61 swing high, shifting the weekly market structure back into a bullish phase. Price also reclaimed the $60.50 value-area high, turning an important resistance zone into a potential support area.
The interesting part is that momentum is improving, but the breakout still has something to prove. Weekly volume hasn’t expanded aggressively, while OBV remains near multi-month lows. That divergence suggests the move could be vulnerable to a pullback before the next leg higher.
On the daily chart, however, the picture looks stronger. OBV has pushed to fresh highs and the overall price structure remains bullish.
So the key levels are simple:
$60–$60.61 → first pullback zone
$52.50 → deeper demand area
Above $60.61 → bullish structure remains intact
Rather than chasing the 29% weekly move, the reaction around these levels could tell us much more about whether LTC’s breakout has real follow-through.
That’s the level I’d be watching next.
#Litecoin just pushed through the major $60.61 swing high, shifting the weekly market structure back into a bullish phase. Price also reclaimed the $60.50 value-area high, turning an important resistance zone into a potential support area.
The interesting part is that momentum is improving, but the breakout still has something to prove. Weekly volume hasn’t expanded aggressively, while OBV remains near multi-month lows. That divergence suggests the move could be vulnerable to a pullback before the next leg higher.
On the daily chart, however, the picture looks stronger. OBV has pushed to fresh highs and the overall price structure remains bullish.
So the key levels are simple:
$60–$60.61 → first pullback zone
$52.50 → deeper demand area
Above $60.61 → bullish structure remains intact
Rather than chasing the 29% weekly move, the reaction around these levels could tell us much more about whether LTC’s breakout has real follow-through.