$LTC
USDT Perpetual is trading at 53.41 after a sharp intraday selloff and a controlled bounce from the 52.32 low. Price is still down 3.23% on the day, showing sellers remain active, but short-term structure is trying to stabilize.
On the 15m chart, Litecoin rejected the 55.00 area earlier and entered a strong bearish leg, slicing below key short-term averages. The rebound from 52.32 shows dip-buying interest, yet price is now hovering near the 7 and 25 MA cluster around 53.30–53.40, where momentum is slowing. The 99 MA near 54.26 continues to act as a heavy dynamic resistance.
Volume expanded during the selloff and cooled during the bounce, hinting this move is corrective rather than a full trend reversal. As long as price stays below 54.00–54.30, bears keep the upper hand. A clean break above that zone could open a push back toward 55.00. Failure to hold 52.80–52.30 risks another leg down.
Key levels to watch
Resistance: 54.30 then 55.00
Support: 52.80 then 52.30
Volatility is active, structure is fragile, and the next expansion is likely close..
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