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$LTC in consolidation phase but with a sneaky bullish vibe underneath. Not breaking out wildly yet, but feels like it could tip upwards. For trading on 1-hour timeframe, I'm thinking cautious long on this
Volume-wise, those recent hourly dips are happening on pretty thin action, like 134K at 77.86 compared to a beefier 616K up at 78.38. No one's dumping hard, and the 24h volume sitting at 5M keeps things liquid enough.
Now, capital flows are where it gets interesting: super short-term stuff shows solid inflows (+344K in 5m, +208K in 15m), but zoom out to 24h and it's a net outflow of -4.97M. That mismatch screams potential flip – like the big picture sellers are there, but momentum might be shifting.
For entry longs
$LTC : Best entry around 77.2-77.5 where it hits that support level and lines up with the MA20. If you're feeling bold, grab it now at 78.49 but with a super close stop.
Stop loss at 76.4 – that's about 3% down, tucked under support zone and the lower Bollinger.
Targets
$LTC : First at 80.25 (Resistance level), then push to 80.91 (next resistance).
Why? Medium-term signals are meh, but that capital flow split points to a possible turnaround. Bollinger bands are pinching tight, so volatility's coming – probably up, since supports are holding and funding rates are chill. RSI's neutral, plenty of room to climb.
Heads up though: If it cracks 77.2, scrap the bull idea and watch for a drop to 76.0-76.4.
#LTC #LTCUSDT #Litecoin