- LTC trades below 96, as the chart shows a clear support area that can shape the next move toward 101.50.
- A break of 101.50 can form a long entry, as the next resistance target at 112 appears on the daily structure.
- Below 91.50, the chart shows weak territory, while a daily push above 96 can help traders track a clean bounce.
Litecoin trades below 96, as both the daily and intraday charts show bearish pressure, while traders track the 101.50 level as the next major trigger for a new move toward 112. The market continues to follow Bitcoin, which guides the broader trend and shapes the direction of LTCBTC. The structure now concentrates near support as the chart forms a range that controls short-term behavior.
Daily Chart Shows Clear Pressure Near 96 With a Path Toward 112
The daily candle closed bearish. LTCBTC also closed bearish. These moves follow the wider tone across Bitcoin. This creates further pressure on Litecoin. The chart displays LTC below the 96 mark. This forms an important area for the present trend.
A bullish move from this region can push the price toward 112. That target sits at a visible resistance line on the chart. The level has acted as a barrier in previous attempts. A clean rise toward it requires healthier behavior in the current zone. The analyst notes that Bitcoin still controls the wider direction. This means the LTC move must align with the behavior in Bitcoin.
The daily structure shows several support layers below this region. The key line sits under 91.50. Below that line, the chart enters weak territory. Traders watch these levels closely because they shape the health of any new bounce. The next setup will come from the lower time frame chart.
Intraday Structure Holds the Key for the Next Short-Term Setup
The intraday chart shows a mix of bearish pressure and volatility. The price remains in a broad support zone. This zone has undergone several tests in the past. It now forms the base of a potential shift. A bullish reversal above 101.50 would trigger a long position. This breakout must hold to confirm strength.
If price fails at 101.50, the chart can fall back into sideways activity. The intraday view also shows that 91.50 marks the weak area. Below that, the structure loses form. This makes 91.50 a critical lower boundary for the next intraday decision.
There is a visible rise on the right side of the chart where an arrow marks potential movement. That arrow points directly toward the 112 resistance. This shows the intended target of the next upward attempt. This movement depends on the break above 101.50.
Broader Structure Creates One Central Question for Traders
The chart shows a long sequence of swings that build toward a larger pattern. Litecoin sits within this band as it waits for a new direction. The support around 96 remains the focus. The resistance at 101.50 forms the gate. The next stage depends on which level breaks first.
The market faces a single clear question. Will Litecoin gain enough strength above 101.50 to push toward 112 or fall back into the lower range?
This question guides traders as they study both the daily and intraday charts. The answer now depends on the next clean move from this tight zone.
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