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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StableBoi
· 01-16 12:30
50.2% volume increase? Is this really genuine or just a trap to lure more buyers...
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Waiting for news like 75.87 orders, it still seems like we need to watch the overall market sentiment
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Such exaggerated volume, it always feels like something's about to happen
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Break 77.7 and go all in, if not, keep lying low
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LTC is messing around here again, when will it finally stabilize
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The support zone is so dense, any negative news could cause a collapse
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Does increased trading volume always mean good news? Sometimes it's just a signal to cut losses and take profits
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77.7 isn't a difficult level, the key is whether it can hold
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Are the brothers who are positioning here all breaking out in cold sweat now
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With such good volume and price action, the bulls should have a chance
View OriginalReply0
AirdropDreamer
· 01-16 08:41
50.2% of volume, this wave either pulls up or crashes down, there's no third possibility in between
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It's both support and resistance, can it break through 77.7 this time? Feels like I've said this many times but no movement
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With such abnormal volume, it feels like the main force is up to something
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Did 75.87 break? If not, just keep waiting
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It still looks promising, just see how it moves next
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Volume can't hold up, it drops back after a while
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Friends going long, be careful, such abnormal movements are often traps
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Waiting for a breakthrough at 77.7, then you'll know how it will go
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This analysis looks good, just not sure if it can make money
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50% of volume, I directly go all-in on 75.87, betting it all
View OriginalReply0
BearWhisperGod
· 01-15 23:04
50.2% volume increase? What kind of big event is this, or is another whale dumping?
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75.87 can't hold, we should be alert now, really.
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Wait, can this wave of volume be sustained? Feels like it could easily lead to exhaustion.
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Starting to shout about breaking 77.7 at just over 76, are we building blocks here?
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LTC has been quite interesting lately, with such a strong trading volume, be careful of a reverse dump.
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It's both support and resistance, might as well just bet on the rise or fall for a more straightforward thrill.
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A 50% volume increase is a bit scary, is this a risk signal?
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Can a trend be decided in three to five minutes? Is a 30-minute volume spike really worth trusting?
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Good luck to those who are positioning at 75.87, I’ll wait and see.
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Is abnormal volume always a good sign? Sometimes it's just the market makers shaking out the weak.
View OriginalReply0
0xInsomnia
· 01-13 22:52
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.
View OriginalReply0
ChainComedian
· 01-13 22:45
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.
View OriginalReply0
DefiSecurityGuard
· 01-13 22:40
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.
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LightningSentry
· 01-13 22:36
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.
View OriginalReply0
SignatureDenied
· 01-13 22:29
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.