$LTC /USDT Analysis: Rapid Breakdown Below Key Levels..
#LTC is currently trading at $103.95, experiencing a sharp drop of 4.11% in the last 24 hours. The coin has broken through critical intraday support levels, with its 24-hour low at $103.74, indicating heightened selling pressure. This sudden dip follows a failed attempt to hold above the $110 mark, as evident from its daily high of $110.67.
The technical setup shows bearish momentum intensifying, with the MACD confirming downside pressure. If $LTC fails to recover above $105, the next major support lies around $102, posing a potential risk of further losses. On the upside, resistance at $108.48 will be critical for any reversal. Traders should remain cautious, as volatility spikes could present both risks and short-term opportunities.
