#香港稳定币监管框架 Litecoin has indeed experienced a sharp pullback this round, sliding all the way down to around 78.5 from its peak, with a retracement of over 6%. Looking at the 4-hour chart, the price is being tightly suppressed by the moving averages across various periods, and the Bollinger Bands are continuously expanding downwards, creating a strong short positions atmosphere.
The key position is at the support of 77.9, but the increasing trading volume is a bit concerning—if this defense line is breached, a drop to 75 dollars is not impossible. $LTC
Where do you think the limit of this pullback is? At this price level, do you dare to make a small test position? $BTC $ETH
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NoStopLossNut
· 13h ago
If 77.9 breaks, it'll head straight to 73, don't get complacent, brother.
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MysteriousZhang
· 13h ago
If 77.9 breaks, you really need to be careful. It feels like such a large volume is not a good signal.
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GhostAddressHunter
· 13h ago
If 77.9 breaks, we need to look at 75, but I think this wave of adjustment may not be so pessimistic, as the volume is still being released.
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MerkleDreamer
· 13h ago
It's only really panic if it breaks 77.9. It's still too early to buy the dip now, it's easy to get trapped.
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ChainComedian
· 13h ago
77.9 breaking is when it truly gets alarming; it's not yet time to talk.
#香港稳定币监管框架 Litecoin has indeed experienced a sharp pullback this round, sliding all the way down to around 78.5 from its peak, with a retracement of over 6%. Looking at the 4-hour chart, the price is being tightly suppressed by the moving averages across various periods, and the Bollinger Bands are continuously expanding downwards, creating a strong short positions atmosphere.
The key position is at the support of 77.9, but the increasing trading volume is a bit concerning—if this defense line is breached, a drop to 75 dollars is not impossible. $LTC
Where do you think the limit of this pullback is? At this price level, do you dare to make a small test position? $BTC $ETH