Recently, LTC's performance has attracted a lot of attention. On the 30-minute chart, there was a significant abnormality in trading volume, with a single-volume increase of 50.2%. Such a sharp expansion in volume usually has a reason behind it.
Currently, LTC is quoted at around 76.64 USDT, with 1.17% space to the nearest support level at 75.87. This price is right within the support zone of 75.24-75.87. From a technical perspective, this is a good observation point.
If you are considering a long position, you might want to place orders around 75.87. Once a breakout occurs, the resistance level above is at 77.7, which could serve as a potential take-profit target.
The most interesting part of the market is here—abnormal volume expansion often indicates a shift in market participants' attitude. The upcoming trend of LTC is worth monitoring, to see if the trading volume can sustain this level.
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0xInsomnia
· 2h ago
50% of the volume increase? This wave really can't be contained anymore, will it crash or rally?
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I've had my eye on 75.87 for a long time, just waiting for the break.
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With such explosive trading volume, it feels like something big is about to happen.
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I just want to ask, can 77.7 hold?
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By the way, this volume can't last long, it will probably fall back again.
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Is LTC messing around here again? So boring.
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Is there a high probability of breaking through the support zone? Honestly.
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It looks promising, but I don't believe it can go much higher this time.
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A 50.2% volume increase is truly outrageous; it depends on whether the trend can continue.
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ChainComedian
· 2h ago
50.2% volume increase? This move is a bit fierce, feels like something's going to happen.
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It's both support and resistance levels. Why do I feel like this thing is just bouncing between 75-77?
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LTC's rhythm, volume speaks for itself. I'll wait and see.
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Breaking 77.7 is the real deal; anything said now is pointless.
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With such strong volume, I really don't know if it's good news or a sign of a dump.
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I might place an order at 75.87 and try my luck; probably just another trap.
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Interesting. The combination of volume and price movement looks good, but I’m not quite ready to go all in.
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50% volume increase? What tricks are those guys in the futures market playing now?
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No rush. Wait for LTC to drop a bit more before jumping in. No need to hurry.
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DefiSecurityGuard
· 2h ago
ngl, that 50.2% volume spike screams manipulation or whale activity... where's the audit trail on this? DYOR before you touch those support levels.
Reply0
LightningSentry
· 2h ago
50% of volume increase? We need to keep a close eye on this wave; it feels like someone is laying the groundwork for something.
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I've been eyeing the 75.87 support level for a while; just see if it can hold.
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Such abnormal trading volume, be careful it might be a trap to lure buyers.
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If it breaks 77.7, consider exiting; this market is too unpredictable.
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LTC has shown some signs these past couple of days; volume speaks volumes.
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It's time to test patience again. I'll wait for a breakdown before taking action.
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The support zone is so tight; it's a short-term move.
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With such a strong volume increase, caution is still necessary; not all volume indicates direction.
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Around $77 should be a good selling point.
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I'm a bit tempted, but I want to see if the trading volume can sustain.
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SignatureDenied
· 2h ago
50.2% volume increase, this move is quite interesting, feels like it's not retail investors playing
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Both support levels and take-profit points are easy to talk about, but when it comes to actual trading, isn't it complicated?
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LTC has indeed been a bit volatile these past two days. With such explosive volume, the price will either surge or crash, there's no third option
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You can observe this support zone, but don't get fooled into stopping out; in this kind of market, the most common tactic is to cut the leeks
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The abnormal increase in trading volume makes me bullish; in eight out of ten cases, it's just a trap to lure more buyers
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The 76.64 level is a bit awkward, not high enough nor low enough. Anyway, I'll just watch from the sidelines for now
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Take-profit target at 77.7? Haha, those who act quickly have already exited. Do you really expect the market to cooperate that much?
Recently, LTC's performance has attracted a lot of attention. On the 30-minute chart, there was a significant abnormality in trading volume, with a single-volume increase of 50.2%. Such a sharp expansion in volume usually has a reason behind it.
Currently, LTC is quoted at around 76.64 USDT, with 1.17% space to the nearest support level at 75.87. This price is right within the support zone of 75.24-75.87. From a technical perspective, this is a good observation point.
If you are considering a long position, you might want to place orders around 75.87. Once a breakout occurs, the resistance level above is at 77.7, which could serve as a potential take-profit target.
The most interesting part of the market is here—abnormal volume expansion often indicates a shift in market participants' attitude. The upcoming trend of LTC is worth monitoring, to see if the trading volume can sustain this level.