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#加密市场回调 11.5 Midday Litecoin Trend Observation



Recently, this slight rebound of LTC feels a bit hollow, to be honest. The price has jumped a little, but the funds haven't followed at all—it's a typical case of divergence between volume and price. Just looking at the hourly chart, you can feel that the upward pressure is obvious, and the bulls are already losing momentum.

From the market perspective, this round of rise looks more like an inertia-driven surge, and the buying momentum is rapidly waning. The probability of a short-term pullback is quite high.

If you want to operate:
The range from 87 to 88 can be considered for placing a short position.
The first target is to look near 81.
If it can effectively break down, the second target can focus on the position of 78.

$LTC $GIGGLE $MMT
LTC-6.24%
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TokenVelocityTraumavip
· 11-08 03:17
fall 80 is guaranteed
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ImpermanentPhilosophervip
· 11-08 01:37
You've fallen so many times and you're still not afraid? Are you still going all-in?
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GlueGuyvip
· 11-05 04:12
So you really are short at the highest price, huh? You really dare to short.
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TokenomicsShamanvip
· 11-05 04:11
Alright, it's nice to see an old acquaintance again. Your analysis makes sense, but it feels like LTC's trend this time is quite strange...
View OriginalReply0
Web3ExplorerLinvip
· 11-05 04:09
hypothesis: ltc's price action reminds me of schrodinger's cat - simultaneously alive n dead until we observe the volume metrics...
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