#LTC /USDT Analysis
Current Market Outlook:
Neutral. The price is consolidating at $113.14 after pulling back from a recent high of $116.92.
Momentum Indicators:
• RSI: Neutral, indicating no overbought or oversold conditions.
• MACD: Shows bearish divergence, signaling weakening upward momentum.
• Williams %R: Reflects market consolidation with no extreme bias.
Key Levels:
• Resistance: $116.92 (recent high), and $120 (psychological level).
• Support: $107.74 (recent floor) and $104.11.
Recommendation:
Watch for a breakout above $116.92 for bullish continuation, or a breakdown below $107.74 for a potential bearish move toward $104. Current market sentiment leans cautious
