Currently, LTC's upward momentum has significantly weakened, and the technical indicators show multiple signs of resistance—RSI below 50, MACD forming a bearish pattern and below the signal line, and the price has broken below the 20-day and 50-day moving averages. The 87-89 range forms a strong resistance zone, and the short-term downward drive is increasing.
Operation suggestion: It is recommended to build a position within the 87-89 range, strictly control entry timing. The first target downward is 80-81. If support is broken, it could further decline toward around 78. The stop-loss is suggested to be set above 90.
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LTC Morning Analysis:
Currently, LTC's upward momentum has significantly weakened, and the technical indicators show multiple signs of resistance—RSI below 50, MACD forming a bearish pattern and below the signal line, and the price has broken below the 20-day and 50-day moving averages. The 87-89 range forms a strong resistance zone, and the short-term downward drive is increasing.
Operation suggestion: It is recommended to build a position within the 87-89 range, strictly control entry timing. The first target downward is 80-81. If support is broken, it could further decline toward around 78. The stop-loss is suggested to be set above 90.